Fractional ownership, also known as “shared ownership,” is a concept often lumped in with timeshares, but they’re only distantly related. Like a timeshare, you have access to a piece of property for a specified period of time each year, which varies depending on the number of owners who share each property. However, the key distinction between fractional ownership and a timeshare is that in fractional ownership, you buy deeded real estate—you buy a home—n…
