One Steamboat Place, a luxury development in Steamboat Springs, Colorado, is offering up a new type of vacation property ownership that is similar to a timeshare.
Unlike timeshares, however, this new type of fractional ownership exclusively targets high-end properties. Plus, ownership is split by fewer people, meaning that each owner gets to spend a larger fraction of the year in the home.
Fractional ownership can be sold and can also be left in a will or a trust.
Image via onesteamboatplace.com
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