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Ownership Consider Fractional Ownership Vancouver Island  The Price of recreational real estate in many parts of Canada has experienced a strong increase in sales activity over the last few months. Cottages, ski chalets, condominiums and other vacation properties aren’t as financially accessible as they once were.
If you don’t want to pay today’s high prices for something you may use only a few weeks a year, there may be a more cost-effective alternative. Instead of buying a property outright, you can share. It’s known as “fractional ownership,” and it has become a hot trend!
Different from time-sharing Fractional ownership at True Key Resorts gives you outright title to a portion of property and your maintenance fees cover the portion of the cost to maintain what you own. This is different from a time-share arrangement, where you have the right to use a property, but not ownership and maintenance fees are controlled by the developer. At True Key Resorts you are the owner and budgets for fees are reviewed and approved by the Owner's associations.
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