FractionalOwnership.co.za sells timeshare properties fractionally, for shared ownership
Title
Fractional Ownership | Fractionalownership.co.za
Description
Excerpted from the website description:
- Fractional Ownership is the collective ownership of an expensive asset. This shared ownership model is based on a percentage share of the asset. Various fractional structures exist, mainly shares are sold to multiple owners. A fractional or partial owner usually enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. Typically, a company manages the asset on behalf of the owners, who pay monthly fees for the management and maintenance of the asset.
