What is Fractional Ownership?
The phrase "fractional ownership" is fairly self explanatory and basically
means owning a fraction or share of something. Now this could be a property, a car,
a work of art or indeed anything of great value.
More often than not fractional ownership is a means of owning and enjoying
something, normally expensive collectively and thus spreading the costs and possibly
risks of ownership.
People and businesses have been buying real estate, commercial machinery, ships,
aeroplanes and other assets on fractional ownership for many years now -
the principle is almost the same in every case.