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	Rustik Homes c/o Eastern CDRG 1084 Kenaston Ottawa, ON CANADA K1B 3P5 Simon Frigon, Managing Director Toll Free: 1-866-736-9222 storm@cdrg.ca

Fractional Ownership

Part-Time Custom Cottage, Full Time Benefits

Time is the most valuable non renewable resource. That’s why today’s family needs a better alternative to increasingly inefficient secondary cottage properties. So have you considered fractional ownership?

Think of it this way - if you purchase a vacation property outright, it often sits empty and unused. Even after you’ve paid for the property, you still have to pay taxes, maintenance and upkeep – even for the times you're there enjoying it.

Fractional ownership allows you to purchase, and take title to, a luxury vacation property at a fraction of the cost and you don't pay for what you don't use. Your fractional ownership home comes beautifully decorated, fully-equipped and well maintained year round, year in and year out.

There are different home styles and fractional ownership opportunities available. We're sure there's one that suits you and your family to a tee.

Q: What is fractional ownership?
A: Fractional ownership is portioned equity ownership of a property. Each owner has a number of weeks of occupancy attached to his/her purchase of the vacation home. At Rustik.ca when you purchase a fraction of a vacation home, you will be entitled to occupy the home certain fixed weeks during the golf season and a number of rotating variable weeks throughout the rest of the year depending on the size of ownership fraction you purchase. Fractional ownership is the fastest growing segment of the real estate industry and makes real sense for vacation properties that are not used as full time residences. Taxes, maintenance and upkeep of the vacation home is shared among the owners through condominium fees and like all condominiums, an owner can sell their ownership whenever they want for whatever price they want.

Q: What are the advantages of fractional ownership?
A: With fractional ownership you own a home in partnership with other owners who share the costs with you. At Rustik.ca, you also get a complete vacation experience with all the fabulous community services and amenities as part of your ownership segment. Maintenance and upkeep is looked after for you by an experienced year-round contractor. The home comes fully-decorated, furnished and equipped with everything you need for a fabulous vacation. All you need to do is bring your personal belongings, which can be stored in a private locker when you’re not there.

Q: How does fractional ownership differ from time share?
A: With fractional ownership, purchasers get title and a deeded interest in their property. It is purchased and sold in the same way as any real estate. It can be willed to your children, used as equity. With time share, purchasers do not obtain title to the property and only have ownership of 'points' or 'weeks' which cannot be sold as traditional real estate.

Q: Can I own more than one fractional interest?
A: Absolutely. You can purchase as many fractional interests as you want, up to and including full year-round ownership of your property.

Q: Can I choose whatever time periods I want?
A: Each fraction you buy has time slots attached with predetermined fixed weeks during the summer season and rotating variable weeks during the rest of the year.

Q: Do I have to furnish or decorate my vacation home?
A: No. Your home is beautifully furnished and fully-equipped with accessories, cooking utensils, appliances, silverware and all linens.

Q: Is patio furniture and a barbeque also included in the purchase price?
A: Yes. Each vacation home is top quality, décor matched outdoor furniture and a top quality propane barbeque.

Q: What happens if things get broken, lost or need replacement?
A: A reserve fund will be established as part of the common element budget. This will be included in the monthly maintenance fee and will be used, as required, to replace or repair broken or lost items.

Q: Can I bring my own furniture and accessories to my vacation home?
A: Yes and no. Your vacation home has been designed to a level of luxury and comfort befitting the best-of-the-best vacation retreats. It is also furnished and accessorized to a very high standard. That said, you may want to bring some personal framed photographs and accessories and store them in your locker when you are not there.

Q: Are there housekeeping services available at my vacation home?
A: Your home is cleaned on a weekly basis. As well, each home receives an annual deep clean. Additional housekeeping can also be arranged at an extra cost.

Q: What maintenance charges and property taxes will I have to pay on my vacation home?
A: Maintenance fees and property taxes will vary depending on the unit type and fractional segment you purchase. Ask us for details specific to your home.