Can my fractional ownership share be resold?
Yes. As with all deeded real estate purchases, fractional co-owners are able to resell their deeded interest on the open real estate market. The Operating Agreement and specifics therein gives the other co-owners the right of first refusal of the fractional purchase at the current appraised market value of the property or asking price whichever is lower.
Contact Us for more information.
FRACTIONAL OWNERSHIP FREQUENTLY ASKED QUESTIONS
- What is Fractional Ownership?
- What are the benefits of a Fractional Ownership Property?
- What is Mountain Venture Properties LLC?
- How do Mountain Venture's Fractional Properties differ from a timeshare?
- Where are the Fractional Co-Owner Properties Located?
- What will these Co-Ownership accommodations be like?
- What happens if I cannot use my time?
- Who will be able to use my ownership rights?
- Can I rent my scheduled usage time when I'm not using it?
- Who is the development team for Fractional Properties?
- When will these Log Cabins / Homes be available for occupancy?
- What are the purchase prices?
- Are there any additional Fractional Ownership Properties planned beyond this initial development?
- What are the additional costs of ownership and Property Owners' Association dues?
- Can my Fractional Ownership share be resold?
- How can I contact the developer for more information?
- Are pets permitted on a fractional property?
- Can a Fractional Property be designated as "Pet Friendly"?
