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Vacation home joint ownership is a partnership in the ownership of (equity in) a house.

Typically the ownership is split between multiple vacation home investors, with the each investor/partner equal shares or some combination of the dwelling.

 

As with other shared-equity plans, the idea behind vacation home joint ownership is that it is a way for people to own vacation properties who otherwise would be unable to purchase a house without a heavy mortgage.

 

Created on Sunday, February 24, 2008 at 05:13PM by Michael Kuhbock

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