Fractional Interest

A fractional interest, also called a fractional share, is a defined percentage ownership stake in a single property. The holder owns a proportional share of the property's equity and pays the same share of its costs. They also receive a matching share of use time and of any rental income. At GoForth, the standard fractional interest is a 1/4 membership interest in the LLC that holds the home. It comes with 12 weeks a year, voting rights, and a quarter of any rental income from unused weeks. One home, Villa Nicklaus in Marbella, is offered in 1/8 interests. Interests can be sold, gifted or passed to heirs.