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What is fractional ownership or shared cottage ownership?

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What is fractional ownership or shared cottage ownership?

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It is a form of carefree-shared ownership of a vacation residence in a prime location. At Woodland Echoes you will own a share (fraction) of your beautifully furnished cottage as well as an undivided share of the entire property and facilities including the games room, docks, beach areas, water craft, Sauna, Hot Tub, trails and forest. It is a cost-effective way of owning real estate in cottage country.

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