The Chapman-Share 7. Why Consider Fractional Ownership? Fractional ownership allows individuals to own a vacation property for a fraction of the cost. Owners share the benefits of usage rights, income sharing, priority access, and reduced rates. Each share typically entitles the owner to 5 weeks of vacation time, rotating within the four seasons, with a double week that also rotates annually. Owners also share responsibility for the maintenance and upkeep of the property. Costs for improvements, repairs, or replacements are shared among the owners, usually through maintenance fees or assessments handled by a management company. Fractional owners are not required to use all their allotted time themselves. They can allow family members, friends, business associates, or employees to use some of their time. Additionally, they might rent out their remaining time to other owners or third parties who are not owners. This beautiful home with ocean and sound views is a perfect home for the entire family. Newly updated kitchen and spacious family rooms, sun decks to take in the warm sunshine. The location of this home is within walking distance to all of the community amenities Pool, tennis courts, playground, beach access and soundside pier. Ships Watch community is oceanfront to soundfront in the heart of Duck. The town of Duck offers watersport activities, restaurants, shopping and so much more just within walking distance.

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 116 Mainsail Court in Duck is provided courtesy of Salty-Fin Realty, LLC . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 116 Mainsail Court in Duck is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.