What is fractional ownership?

Fractional ownership is a form of shared-ownership of a deeded real estate asset. Simply put, it is a cost effective way to own a mountain vacation property in an area surrounded with year round activities at a fraction of the cost of individual ownership. This ownership will have homes which offer preferred size and amenities with a “no-hassle” model of ownership. Each home is sold to maximum of four (4) owners, who each hold a ¼ fractional share of the home. An Operating Agreement spells out the shared expenses, shared use and mutual obligations. Each owner is then assigned a time use allotment that varies based on the size of their fraction. The fraction size is relative to the amount of shares purchased. MVP effectively does the work for you, finding the perfect vacation property, creating a well-structured and managed system for sharing it, bringing together the co-owners that will enjoy year-round use, assuring that the property is always clean, maintained and ready for your enjoyment.

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