• Facets (new session)
• Description
• Metadata
• Settings
  • owl:sameAs
  • Inference Rule: b3sb3sifpdbprdf-labelfacetshttp://dbpedia.org/resource/inference/rules/dbpedia#http://dbpedia.org/resource/inference/rules/opencyc#http://dbpedia.org/resource/inference/rules/umbel#http://dbpedia.org/resource/inference/rules/yago#http://dbpedia.org/schema/property_rules#http://www.ontologyportal.org/inference/rules/SUMO#http://www.ontologyportal.org/inference/rules/WordNet#http://www.w3.org/2002/07/owl#ldpoplwebskos-transvirtrdf-labelNone
    

Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. It can be done for strictly monetary reasons,by renting out weeks or months online on the many Online travel agents,such as Expedia group-Booking.com air BnB luxe TripAdvisor etc, but typically there is some amount of personal access involved. One of the main motivators for a fractional purchase is the ability to share the costs of an asset that will not be used full-time by one owner.If owners use some time for their own vacations and some to rent out to receive income with the aim of paying off their original purchase then this becomes a win win for the buyer.