What exactly is meant by home co-ownership?
Co-ownership is not a new concept, nor is it difficult to understand. An example of this concept would be akin to you and a group of your friends going out for dinner together and then dividing the dinner check up equally amongst yourselves.
Simply stated luxury home co-ownership is done by dividing ownership into portions or shares. In the case of a vacation real estate asset, GRAATIFY will create a separate LLC entity which then owns the property thereby allowing multiple owners or investors to own shares in the company. Those shares can then be purchased and owned by more than one individual. The three biggest benefits in taking this approach are to allow transfer of shares without the need to reflect changes on the title or deed to the property, to provide owners with liability protection and for tax benefits.
If you're interested in becoming an owner/investor of world-class vacation property then CONTACT US and let GRAATIFY help you.