How would you like to buy vacation properties with ten other people and divide the weeks equally yearly?

Answers:0   |   LastUpdateAt:2012-08-16 06:33:15  

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Aron
Asked at 2012-08-16 06:33:15
Ten people buy the same amount of condominiums and equity participation may sell non-party, but only 1/10th of it. Each person would have more than 5 weeks throughout the year or you can rent weeks or remain in or trading with a week of their another.But be a set schedule so that everyone has the same amount of time at peak periods . Everything would be on the deed to the property and 1/10th availbe your property and may be able to sell there part at any price, but the buyer would own only 1/10th to keep it fair for everyone else. Of course , there are annual or monthly expenses , but among the 10 people would be pretty cheap. Sounds like a time share (I guess in a way it is ), but it would be a real owner with 9 other people and all decisions that are going to vote , and would not have legal documents courrse made ​​everyone just to avoid that all legal rights for all and all can have a good vacation spot in the coming years , with several weeks a year to enjoy.
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