LFG Fractional Ownership News Blog

Learn how you can own a piece of Villa Las Palmas with NASCAR champion Rusty Wallace in Cabo San Lucas, Mexico by reading our most recent newsletter.

Check out our latest Spotlight on the Dye Villas Private Residence Club in Myrtle Beach, SC. Fractional ownership at this golf mecca is now available for just $34,650.

http://archive.constantcontact.com/fs092/1100578943056/archive/1103857299656.html

The Elan Collection has 9 exquisite fractional homes in top locations in the Western U.S. and the Caribbean. Check out our most recent newsletter to learn more about them.

Check out our August Fractional News Roundup to view the latest properties and news in fractional real estate.

The Fractional and Shared Ownership Trade Association (FSOTA) believes that the new timeshare “directive” passed by the European Union will apply to most fractional developments. It will affect both fractionals located in EU countries and fractionals in other parts of the world being marketed to EU citizens. The new directive will fully take effect by February 2011.

The main provisions of the new Directive can be summarized as follows:
• Full disclosure in marketing and sales;
• A cooling off period of 14 calendar days (without cause or reason needing to be justified); and
• A prohibition from taking any monies, in whatever form, during this 14 day period.

See this article on the FSOTA.org website for more information.

When you think about vacation, visions of lounging around on white sand beaches usually come to mind, rather than enjoying downtown musicals on Saturday night. But not everyone wants to escape from the city. Au contraire. Plenty of affluent travelers want to escape to the city.

Fortunately for those who want their own California pied-à-terre, they can choose between two luxury fractionals in San Francisco and San Diego from The Élan Collection. These cities might “live” at opposite poles of the Golden State, but both offer their own version of the metropolitan high life: San Francisco, with its edgy cool, cultural eclecticism and classic city history; and San Diego, with its warmer temperatures and laid-back city-by-the-sea vibe. What’s your city style? It depends on Read the rest of this entry »