A legal arrangement where two or more individuals or entities share ownership of a property used for short-term rentals, outlining responsibilities and profit sharing.
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Glossary Term: Shared Ownership
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A type of property management where two or more parties, often the homeowner and a property management company, share in the responsibilities and profits of short-term renting.
A model where multiple individuals or entities share ownership of a vacation property, each owning a percentage and having access for a specific period.
Ownership structures where multiple investors share ownership of a property and divide usage rights or rental income.
A model where multiple investors share ownership of a vacation property, typically a high-end condo or villa, and receive usage rights for a portion of the year.
A business arrangement where two or more parties, such as property owners and management companies, pool their resources and expertise to operate short-term rentals.