Pixxel is in charge of the administration and operation of each vacation property.
The weeks are distributed equally among the number of co-owners. The total number of weeks per year is divided among the co-owners, with weeks being left out for maintenance.
No, in a timeshare, you buy the right to use a vacation resort where you are never the owner.
In the fractional ownership model, you buy a percentage of a vacation property. You are a legal owner and can use your property for a certain number of weeks each year, for a lifetime. You can also inherit, sell, or donate it at any time.
The weeks are assigned each year in september, co-owners can choose any week of the year, in a first-come first-served fashion.
You can exchange it with one of the co-owners or, if possible, rent it out.
The damaged item or furniture is replaced, and the co-owner who caused the damage is responsible for the cost.
Yes, anyone who wishes to sell their fraction must do so through Pixxel. This is to ensure that the fraction is sold at a fair price, offer the first right of refusal to existing co-owners, and verify the suitability of the new buyer.
Likewise, the owner can decide to sell his fraction at any time without the need for authorization from the other co-owners.