Shared Ownership

One of the most exciting growth areas in vacation area real estate over the last several years has been the rise in popularity of shared property ownership. Tenancy in Common (TIC) arrangements in particular have become the way of choice for investors to own partial shares of vacation homes all over the United States and abroad.

The concept of shared ownership of property is not particularly new or revolutionary. However, buyers and sellers of property are just recently realizing the benefits and potential of co-ownership between unrelated parties controlled by thorough use agreements. Some sources are now saying that investments in TIC vacation fractional properties have grown to $2.3 billion in 2007.

Much has been written on the growth of the shared ownership segment of the real estate market: on the pros and cons of TIC ownership, on shared ownership generally, and on the different ways to structure shared ownership agreements. From the information in the sites listed to the right it is easy to see that there are many issues to consider when forming or entering into any type of shared ownership of real property.

DreamSlice International is building a network of Realtors involved in resort area fractional residence transactions, and we can help you buy, sell, or create a shared ownership vacation home. Please feel free to contact us whenever you are ready to discuss your ideas, questions or concerns.