Life happens when you’re not ready. Hurricanes, tornadoes, fires, floods, landslides, earthquakes-all of these things can come when you’re unprepared. That’s why it’s important to safeguard important documents by storing copies in a safe place away from your home. What do you do if you need to prove ownership of your property, and you cannot locate your ownership documents? Where…
Tag: Ownership
Owning A Racehorse Investment Or Indulgence
Owning a racehorse used to be confined to those fortunate few who were rich and privileged enough to afford one, which is not surprising when costs of feeding, training, vets bills etc are all taken into account. But not anymore thanks to the formation of syndicates. It is now possible to own a share in your very own racehorse, this…
What Is Fractional Ownership
Many people ask “what is fractional ownership?” and the closely related question “Is it timeshare? In this article I will attempt to answer these questions. This article is concerned exclusively with the fractional ownership of leisure/luxury assets. However most of the principles would apply equally to the fractional ownership of a practical item (e.g. for business). Definition of Fractional Ownership…
Timeshare Frequently Asked Questions
What is the need to buy timeshares? The timeshare units are more comfortable and luxurious than any hotel providing an array of services to its customers. It serves both as a holiday vacation package and also as a real estate asset. It provides a right to enjoy ownership of the timeshare resort at a specific period of time. It provides…
V A C A T I O N Anytime Anywhere
Webster’s dictionary defines vacation as “a period of time for pleasure, rest, or relaxation”. Most vacationers, however, aren’t aware of this definition, as they often return from their trip feeling less relaxed than when they left! Luckily, more and more people are discovering that Webster’s definition of “vacation” is synonymous with timeshare ownership. Here’s why: Timeshare owners enjoy the privacy…
What Timeshare Is All About
With timeshare the use and costs of running the resort are shared among the owners. While the majority of Timeshare resorts are condominium vacation resorts, developers have applied the timeshare model to houseboats, yachts, campgrounds and motor homes. History of Timeshare The notion of a timeshare was originally created in Europe in the 1960s. A ski resort developer in the…
Fractional Ownership In Private Jets
Did you know that private jets are available for purchase in a timeshare-like arrangement? It’s called fractional ownership. Fractional ownership of a private jet is now affordable even for small businesses and the upper middle class. The most well-known providers are NetJets, Flexjet, CitationShares, Flight Options, and Airsprint. NetJets is generally considered to be the leader of the pack. A…
Title Insurance Examples Of Problems And Advice
What is title insurance and why should any buyer get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format your home purchase takes)? Doesn’t the attorney or settlement company handling the closing see to it that you have a clear title? Isn’t this just another way for someone to siphon a few coins off a real…
The Concepts And History Of Timeshare
The multiple ownership of individual weeks brought with it the guarantee of reservations for those who wanted to ski in the area. It was an immediate success. By the 1970’s some faltering condominium projects in St. Thomas, Fort Lauderdale and Puerto Rico were converted over to vacation ownership and thereafter timesharing became a viable vacation alternative. Once the concept of…
Finding The Missing Link
“Action may not always bring happiness; but there is no happiness without action.” -Benjamin Disraeli “There is nothing more frightful than ignorance in action.” -Johann von Goethe “Remember, people will judge you by your actions, not your intentions. You may have a heart of gold — but so does a hard-boiled egg.” -Anon. The missing link between inactivity and achievement…