Hotel Viridian has begun the pre-construction
sales process. The concept is a “Private Residence Fractional
Ownership” with a points package overlay that is designed for
second home ownership and a lifestyle usage adapted for each
individual purchaser. This concept is in sharp contrast to the
traditional “time share” model.
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All
of the residential property will be put into a Beneficial
Land Trust |
| • |
Each
owner will own a fractional interest in the trust supported
by a marketable deed |
| • |
Initial
purchasers can purchase a minimum/standard fractional interest
with 15,000 annual points at $150,000 and no further lifetime
purchase is necessary.
(purchasers may elect to purchase more points as their vacation
needs require) |
| • |
Owners
may sell or purchase points within the ownership of the
trust |
| • |
Owners
will figure their needed points by determining the estimated
travel dates at the desired accommodation and will schedule
their vacation time through “owner services” |
| • |
More
details can be furnished by request |
