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Fractional Ownership - North Carolina

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Are pets permitted on a fractional property?

Each fractional property LLC we develop would consist of the bylaws and a general operating agreement. All co-owners would agree to specific stipulations in the agreement. Yes, depending on the property, pets would be permitted. If the property is designated as “pet friendly” each co-owner would be in agreement and would equally share in any additional maintenance due to pets. The marketing and sale of shares of a property designated as “pet friendly” would be clearly defined in the offering.

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