Click on the links below to access the information. Some links will open in a new browser window, this window will remain open.     Info about Residence Clubs, buying a fractional ownership of a golfhome and Tenancy in Common. Vacation Home Co-Ownership, Vacation Home Sharing and Fractional Ownership - San Francisco Attorney D. Andrew Sirkin answers many questions you may have regarding the co-ownership of vacation homes. He is a recognized expert in co-ownership. He is an accredited instructor with the California Department of Real Estate, and frequently conducts co-ownership workshops for attorneys, real estate agents, corporations, and prospective home buyers. Fractional Fairy tale: The dream of owning a vacation home can come true via tenancy-in-common. - Families and friends are getting together to buy second, vacation homes via a TIC agreement."Sharing vacation homes -- with friends or extended families -- is hardly new. But now that lenders are making fractional loans for single vacation homes, a fledging industry has sprung up, especially in luxury vacation markets like Hawaii, Napa, Tahoe, Florida and Paris. Real estate companies like Dreamslice International specialize in it. Spec housing developers have begun building homes specifically for this market, and management companies are springing up to manage the properties. New tax laws have also made the vacation TIC less risky: In 2002, the IRS ruled that TIC interests could be used as a replacement property in a 1031 exchange -- allowing people to buy and sell shares of vacation properties as investments as well as second homes." More information about Tenancy in Common. "It's become a convenient way to own a second home without all of the problems." - An April 2007 article from the New York Times on fractional ownership (free registration may be required to read the article). CNNMoney.com has a short article on fractional ownership. Securing a share of paradise - a Business Week Article comparing features of Residence Clubs and Destination Clubs. Your Hybrid Home - a Conde Nast Traveler article - the biggest news in real estate today is Americans' increasing interest in nontraditional second homes.   Some Buying Guide links take you off the golfhomesTODAY.com web site to other web sites that we believe provide useful information. golfhomesTODAY.com makes no representations or warranty concerning the information contained on these sites. Return to the Golfhome Buying Guide.