About Fractional Ownership...

  • Fractional ownership is deeded ownership with the same rights as any other real estate purchase. Legally defined as Tenancy in Common, each owner has undivided, unrestricted use. Fractions are transferable by gift or sale, divisible by will and inheritable. You have the option to purchase one fraction, multiple fractions, or the entire property.

  • All homes have a property manager and ownership agreement in place the day you close on your home. The property manager tends to all details regarding the home and its maintenance. The ownership agreement covers the basic terms of how the home is governed. This agreement can be modified after closing to better suit the owners.

  • The concept is not new, and due to recent changes in the real estate and mortgage loan industries, it has become a practical way to buy vacation property. In the past, secondary homes were often financed via cash or home equity lines. Now, special financing is available which uses the fractional itself as collateral for the loan, thus protecting all of your assets and the property itself.

  • 2007 fractional sales topped $2 billion - the fastest growing segment of the vacation real estate marketplace. Carolina Fractional has 1/8th shares priced from $62,475. to $175,000., placing these elite properties within easy reach of many individuals. This benefits both buyers and sellers as it greatly widens the potential market for these properties.