Fractional Ownership is a relatively simple and comparatively affordable ownership arrangement in which two to six individuals or entities hold shared legal title to a single parcel of real estate or a condominium unit. Each owner has a "fraction" of the total ownership, in the typical project that is one or more "sixths" of the full ownership. We call the owners "Fractional Owners" or "Tenants in Common". This is a great way to own and enjoy the full benefits of a beachfront / oceanfront property of your dreams at only a fraction of the total cost.

The owners obtain the right to use specific periods of time each calender year, called "Intervals" in the project documents. Sometimes people refer to the owners as "Interval Owners" in the same way as they do "Fractional Owners". The Fractional Owners are also called "contenants" according to Hawaii Law. This means you share how much of the title you have purchased. Once you acquire title, your interest in your property legally is an interest in REAL property.

With Hawaii's evolving real estate market, buying or selling property on Maui has become an even more unique process. REALTOR Kathryn Petty Tubman (RS) understands the ins and outs of South Maui, specializing in the upscale communities of Wailea and Makena, adjacent to comfortable, vibrabt Kihei and just 30 min from the Kahului airport.

For purchase or other information, please contact Kathryn Tubman at (808)276-3311.