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I’ve just stumbled upon this article written recently in the FT – a crafty investment. I’m pleased to see any proper debate about fractional ownership: too often the discussion is either, oh it’s just timeshare, or it’s just a way of pretending you are a millionaire. Not that I have anything specifically against timeshare applied to [...] Andy Sirkin, one of the world’s legal experts on sharing, gives his views on fractional ownership. I couldn’t agree more. One of the most important points he makes is the importance of the contract. The people who need a contract are usually those who don’t have one. Simply discussing the arrangement sufficiently to write a contract [...] Daimler (Mercedes Benz), a German car manufacturer is launching a liftsharing pilot in Ulm, Germany. In 2008, Daimler and Peugoet started a pilot carsharing scheme again in Germany, the first car manufacturer to offer a car share service. The new liftsharing operation called car2gether is the first time a car manufacturer has offered a ridesharing service. (Car share [...] I was delighted to read about Caneus, which fosters international collaborative aerospace development, has a major project bringing together many countries to share space on satellites. They are using a fractional ownership model to manage the use of the satellite, with 50+ owners; this will need to be a well written contract. I think there is [...] Over the weekend were two thoughtful articles about fractional ownership in the Independent and Travelution. neither considers private syndicates like those enabled by yours2share, but otherwise they give a balanced view of the concept. A couple of weeks ago I wrote about our couch surfing experience with Australians Jeff and Gerda. As we chatted over dinner, conversation turned, as it so often does when I’m around, to sharing and yours2share. They explained that they shared a ski chalet in the Snowy Mountains with three other couples/families and had done [...] 2-3 partners wanted, Southerly 110, Swing Keel, 2000, Lymington, Hampshire Many boat owners are wondering whether they can justify keeping and maintaining their beloved boat and yet selling it, even if they wanted to, isn’t that easy at the moment either. Some of these pondering sailors are coming to yours2share to sell shares in their boat: [...] I’ve just stumbled over a good blog called Homes & Travel. Two articles caught my eye, both written by solicitor Peter Esder. The first is about fractional ownership where he explains some of his (and my) concerns. The second is about guaranteed rental agreements on holiday homes, something that I’ve always thought suspect, and, apparently, [...] About a month ago there was a great article in the Daily Mail discussing fractional ownership and private syndicates. Two yours2share members who share more than one major asset were interviewed: Graham Price shares a property and boat in France; and Bill Hosie shares a boat and an aircraft. This created a great deal of [...] |
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