Questions

1. What is fractional ownership?
2. What are the benefits of fractional ownership?
3. Why should I buy a fractional interest instead of a wholly-owned second home?
4. How many shares will be sold?
5. Can I own more than one fractional interest?
6. What if I don’t know the other owners?
7. How are my five weeks of use chosen each year?
8. Are we allowed to rent our villa to others? Can family and friends stay?
9. Do guests have the same privileges as owners?
10. Can we exchange our weeks in other resorts if we do not want to stay at The Muskokan for 5 weeks per year?
11. Can we bring our family pet to our villa?
12. Is smoking allowed?
13. Is owner storage available at The Muskokan?
    

Answer

Few people know the other owners before their purchase. The ownership structure eliminates the need if you want. There are rules, bylaws and management services that keep the property running smoothly. There is no overlap in calendar dates and no need to interact socially if you do not wish to. However, there may be an annual meeting and through joint ownership, long-term friendships often form.