|

>> Time Shares vs. Peak Partnerships, LLC
>> Peak Partnership Properties - The Right Choice
Peak Partnerships develops, manages, and maintains vacation home partnerships at premier surf, golf, and ski resort destinations across North and Central America.
Peak Partnerships understands the challenges and difficulty associated with organizing a successful vacation home partnership and successfully does the work for you and/or your group. We meticulously research the right destination, locate and purchase the perfect vacation property, beautifully decorate and furnish the property with the luxuries of home, bring together financially capable owners who share the same interest, create a well-structured and managed system for sharing the costs and use of the property, and manage and maintain the home in excellent condition.
The property selection process ensures that only the highest-quality and value properties with the greatest locations are chosen. The properties are loaded with amenities and luxurious furnishings including quality televisions, DVD players, stereo equipment, luxuriously appointed family rooms, fully equipped kitchens, and tastefully decorated bedrooms and bathrooms, an abundant supply of towels and linens, and a great selection of games and other activities.
A Peak vacation home partnership is for those who would like to own a second home but are not able to use their property as much as they would like to justify the costs of whole ownership or the time and hassle of maintenance. It is for those who appreciate the value of building lasting vacation memories with their family and friends year after year.
Back to Top

A Peak vacation home partnership is not a time-share or a "private residence club" membership with no equity participation; it is true fee simple deeded ownership, each owner holds title in the real property as a Tenant in Common. Each owner pays only a fraction of the cost of maintaining the home, but collectively they own 100 percent of the property and share in 100 percent of the costs, time for use, and appreciation of the asset.
The typical time-share owner buys one or two weeks of the same allotted time per year, and in many cases ownership expires after a period of time and reverts back to the developer. The allotted vacation time is usually spent in a different property each time it is used and owners don't get a sense of ownership of real property.
Time-share prices are high and re-sell values are low due to marketing costs. According to an article on the CNN/Money website "marketing costs account for more than 50 percent of a time-share's sale price."
The validity of vacation home partnerships is evidenced by the fact that many of the world's great hoteliers and resorts have converted their luxury properties to this concept versus a time-share. Ritz Carlton, Marriott, and Four Seasons, to name a few, now sell their luxury hotel accommodations as Fractional Ownerships.
Back to Top

Not a time-share or private residence club, the Peak Partnerships vacation home concept offers the right combination of property time use, value, location, amenities, and management services.
Each partner holds their ownership as a Tenant in Common with the other owners and also signs a robust Tenant in Common Operating Agreement to ensure investment preservation and security, management of the property, rules for use of the property, as well as entrance and exit strategies.
Each property is located within the best locations of highly desirable resort destinations and is loaded with luxurious furnishings and amenities. Each property is also managed efficiently to ensure the best possible value and vacation home ownership experience.
Hassle-free ownership, great property amenities, efficient time for use, excellent management services, a robust operating agreement, lower overall costs: a Peak Partnerships vacation home partnership is simply the right choice in ownership of your dream vacation home.
|