Determination of the viability and suitabilityThis is a critical step. Most properties are not viable or suitable for fractional ownership. We can quickly make this determination, before you spend a lot of time and money going down the fractional path. of the property for fractional ownership.
Analysis of local marketWe use a number of proprietary tools for this analysis. Failing to fully evaluate the market can lead to assumptions that may doom your project. conditions, area competition & vacation home ownership alternatives.
Evaluation of state/city/county regulations, laws and zoning issuesFractional ownership is regulated under most state timeshare laws. Failing to comply with these regulations, laws, and or the underlying zoning may be the basis for the rescission of all sales, and/or government prosecution. You must verify, understand and comply with all issues before beginning the promotion of your fractional project. for fractionalization, with identification of appropriate state and local permits for the project.
Assistance with obtaining permits, and approvalsYou need to know how to present and characterize your project to the officials. Our years of experience is invaluable and will help yield the best result with the least amount of objection! , if required.
Assistance with issues regarding possible violations of and compliance with your HOA CC&R’sMany CC&R's restrict timeshare, fractional and/or co-ownership use with a periodic right to use the property. We have developed a number of legal arguments that can be made and solutions to eliminate the objections. and advice on a work-around.
Evaluation of the appropriate number of Undivided InterestsThis is a critical evaluation in optimizing the value of your project. Too many, or too few shares, priced too high, or too low will ultimately determine its success, or failure. and the pricing schedule for each share.
Evaluation of the property condition and recommendations for the appropriateOur experience has proven a number of fundamental requirements that must be considered. Nobody wants to buy a share of an old used boat, or someone else's space. Everyone thinks they are a "designer", but few have the professional taste and judgment to create real "Wow Factor"! The devil is in the details. decoration, furnishings, improvements and repairs.
On-Site Feasibility Analysis PackageAfter
visiting your project, we will discuss all of our findings with our
corporate team of fractional experts including: marketing and sales,
finance, legal and operations. We will then provide you with a written
report, which will include a complete summary of our opinions and
recommendations. for Developers with Multi-Unit
Projects.
Does not include travel and lodging
expenses.
