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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 [...] We have just released a new fractional rental template contract which enables to help people set up all kinds of fractional rental arrangements where the property is a non permanent residence or used as a holiday home by the landlord and the tenant. (It is document PR545 at the bottom of the page.) Alongside [...] |
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