Fixed week ownerships are at the same resort, in the same unit size, and during the same Week each year. Most of these ownership types may deposit online or with a call centre agent up to two years before the start date of your Week. Floating week ownerships are dynamic, and unit details may vary each year. Floating week owners must contact their Home Resort to secure their deposit details. Once the details of the Week are obtained, some floating week owners may go online or call to deposit their Week.
ETF Services
Share processes and data secure lon a need to know basis
Product Framework
We have a collection of shared leisure legal structures and models available, and we will propose solutions that will best suit the Developers' project and product. We have specialist knowledge in the following areas:
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1. Fixed & Floating weeks
2. Vacation Clubs
Vacation clubs are a newer innovation of timeshare model. Instead of purchasing the rights to a specific unit, as with a timeshare, vacation club "members" pay an upfront sum to purchase a number of "points" which can be redeemed for different vacations each year. Yearly maintenance fees still apply.
3. Mixed use
For this type of product, the Resort Developer blends traditional Freehold (whole or fractional ownership) with a timeshare product, be that weeks or points.
4. Multi-Destination Clubs
This product combines the best aspects of proven vacation ownership products into one dynamic holiday portfolio. But rather than being a single resort, the Developer has other resorts or inventory in other destinations offering a wider choice of vacation opportunities. This type of product is particularly well suited to a hotel chain or sizeable independent resort developers.
5. Fractional projects
Fractional ownership is a method of property purchase involving several buyers, typically 6-12. Each owner holds an equal part of the title. The purchasers have a stake in an asset without having to pay for the entire property, maintenance expenses, and taxes. While a traditional timeshare limits access to the property to one to two weeks per year, fractional ownership is usually available for five weeks or more per year.
As Trustee, our scope of work includes, but is not limited to, the initial project and product identification meetings; at this stage, we talk through the various options available, highlighting their advantages and disadvantages. Where required, we can also offer inspection visits to projects and make recommendations based on our findings.
" Our flexible approach to our clients' needs sets us apart in the industry and allows us to provide an enhanced service to the shared leisure professionals we work with.
We know that every client has individual requirements and we look at their products on a case by case basis before making our recommendations and creating a Trust structure and menu of services that suits the unique nature of their business. "
We know that every client has individual requirements and we look at their products on a case by case basis before making our recommendations and creating a Trust structure and menu of services that suits the unique nature of their business. "
