This month’s newsletter brings you a spectacular set of properties from Grand Cayman Island to Costa Rica to Virginia. John Gosselin, Esq., a top fractional attorney from Massachusetts, is a guest contributor this month with an educational article on legal tips for fractional buyers.

Become an LFG subscriber to receive future mailings.

LFG Fractional News – August 2008

Luxury Fractional Guide

What’s New August 2008

August 2008
New Listings
Legal Tips
Fractional News
Exchange Program
Ritz-Carlton, Jupiter, FL

Turn Your Vacation Home Into a Fractional

F2M Cover
Luxury Fractional Guide founder Sherman Potvin has written a guide for  second-home owners wanting to get the most value out of their luxury vacation residence.  


Click here for more on the book.

New Fractional Listings on LF Guide

Reserva Conchal (Guanacaste, Costa Rica)
La Coeur de Terre (Fripp Island, South Carolina)
Hotel des Artistes Del Mar (Punta de Mita, Mexico)
Sunset Place Homes (Treasure Island, Florida)
– The Ranch on Soda Rock* (Healdsburg, CA)
Gulf Winds (Hernando Beach, Florida)
Grand Caymanian Resort* (Grand Cayman Island, Bahamas)
Water Club* (Tybee Island, GA)
*Enhanced Listing with slideshow, photos and more

Legal Tips for Fractional Real Estate Buyers
Fractional Ownership Legal Documents

Fractional ownership documents fall into two general categories: (i) those that are recorded in the chain of title to the co-owned property and thereby become binding on each subsequent owner even without that owner’s signature, and (ii) those that are unrecorded and bind only those that sign them.
Most fractional arrangements involve a combination of recorded documents like deeds, and unrecorded documents like management agreements, but one should not make generalizations about the kinds of documents or their names since each seller will undoubtedly use their own. 
Click here to read the full article touching on taxes and other legal implications.

Fractional Real Estate News 

Exchange Program Sneak Preview 

Although Exclusive Fractional Exchanges has not yet been officially introduced to the public, we wanted to be sure that you were the first to know about the upcoming launch.

This industry-first fractional-only exchange program is designed to give owners an easy and affordable way to exchange their weeks with other fractional owners around the world. Members will not only have access to fractional properties listed with us, but they will also have access to the 1,000 whole-ownership homes up for exchange on our affiliate site, Exclusive Exchanges.

If you have any questions or would like to get in on the ground floor of this exchange program, contact Lisa Rohner at (203) 284-0216 or via email at [email protected].

Sherman Potvin
The Fractional Real Estate Expert
Luxury Fractional Guide

Elite Destination HomesTravel Well   Invest Wisely
Own part of a luxurious vacation home in the most sought-after destinations in the world…and make a great investment while doing so. Learn more

Welcome to Private Co-ownership.   Elite Destination Home’s business model distinguishes itself from fractional ownership and other vacation home offerings in some fundamental ways. Learn more

Elite Destination Homes       (866) 650-4334