Phrases with «fractional ownership»

Fractional ownership refers to a situation where multiple people collectively own a share or portion of something. It means that instead of one person owning the entire thing, it is divided among multiple owners, usually in equal parts. Each owner gets to enjoy the benefits and use of the object or asset for a specified period, giving them a fraction of the overall ownership. Full definition

Sentences with «fractional ownership»

  • «The secondary and primary markets of fractional ownership of home equity and mortgages are now on the verge of a breakthrough, thanks to cryptocurrency Blockchain smart contracts.» (ccinews.net)
  • Timeshares are based on the concept of fractional ownership in a property. (reiclub.com)
  • You should also carefully consider and evaluate the merits of fractional ownership interests in real estate such as Tenant - In - Common or TIC Investment Property interests, Delaware Statutory Trusts or DSTs, other forms of co-ownership interests in real estate (CORE), when looking for suitable like - kind replacement properties for your 1031 Exchange, especially before rushing into an acquisition that may not make financial and economic sense. (exeter1031.com)
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