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Interval Ownership In The Long Beach Island NJ Real Estate Market
A Vacation VariationLong Beach Island NJ offers a wonderful, fun filled family environment during the summer season. Sadly, not everyone can afford a full time second home in the LBI real estate market, but there are options to help make the dream of owning a vacation home on LBI a reality: Interval Ownership on Long Beach Island NJ ! Interval ownership or co-ownership is shared ownership in a vacation home on Long Beach Island. Either five families will co-own a single family home or ten families will co-own a duplex. Unlike a timeshare, Interval Ownership on Long Beach Island NJ is a hybrid form of ownership in which each family has a deed to the property (like a condo) and each owner is entitled to ten weeks rotated throughout the year (like a timeshare). The property can also be rented during your allotted time slots.
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