WHAT IS FRACTIONAL OWNERSHIP

WHAT IS FRACTIONAL OWNERSHIP

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WHAT IS FRACTIONAL OWNERSHIP?

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Published 09 July 2014
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Language English
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WHAT IS FRACTIONAL OWNERSHIP?
Fractional Ownership in the simplest terms is a group of people that pool their funds together to buy an asset. This is can range from Property/Real Estate, to a yacht or a plane.Each owner has a share of the assets and is entitled to use the assets typically in proportion to the percentage that they own. The operational costs of the asset are divided up amount the groups based on the ownership percentage. Any capital gains are shared between the owners. Read more on the benefits of fractional ownership here.
BRIDGEHOUSE PRIVATE OWNERSHIPhttp://www.privateownership.net/