Fractional Usage Calendar Information

Today, I am going to explain how an owner is allocated their weeks of usage. For the purposes of this illustration I am only showing two years usage. Each time a fractional interest is sold, the new Owner is presented with a projection of their weeks for a period of fifteen (15) years in advance. I have made a few assumptions when preparing this calendar. One, the unit is owned by thirteen different families. Two, all the interests are sold and the first week begins on January 2, 2010.
In reality, a Buyer can look at the available interests when selecting their purchase time and then they will be in the calendar based on their selection. For example if Interest one, two, five and eight are already sold and you purchased interest four, your first week of usage would be January 23, 2010.
A few things you will note about the usage calendar are reflected in the yellow highlighted area on each year. The week in 2010 owned by Interest thirteen goes from one year to the next. Furthermore, because the weeks for each interest move forward one week each year, Interest thirteen has back to back weeks which include Christmas and New Year’s Day. In fact, if you were able to see a full fifteen year calendar projection, you would note that every thirteen years, you come back to where you started when first purchasing.
You can also see from this illustration how the weeks move forward one week each year. By having a fifteen year calendar projection, you can plan well in advance for how you want to use your weeks. It often happens that you are unable to use a week you have assigned; however, you know an alternative week that would be more convenient. You can then contact the owner of the week you would like to use and trade with them, assuming they are in agreement with the swap. Some people do not like to come to Myrtle Beach around the 4^th of July because it is just too hectic for their lifestyle. This is a perfect week for them to either rent (if renting is allowed) or trade for the maximum amount of travel credit for a trip other places in the world at a later date. They do not need to make the decision on when or where they are going at the time the deposit their week into the trading pool. They have up to two years to use that credit.
As I have stated in other publications, fractional ownership is not timeshare. It is not the purchase of the right to use a property. It is actual ownership, fully deeded, fee simple ownership of a portion of a property that can be sold, leveraged, past on to your estate, willed, or anything else you can do with a property owned in whole ownership.
I hope this illustration helps you with further understanding of fractional ownership and how the fixed, rotating week program works. There are other forms of fractional ownership which include floating weeks and other methods of usage which I feel are too full of gimmicks. The Greater Myrtle Beach area is perfect for a fixed/rotating usage program because of the ideal climate, golf, beach, and a variety of things to do at different times of the year.

2010	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter
Interest One	1/2/10 - 1/9/10	4/3/10 - 4/10/10	7/3/10 - 7/10/10	10/2/10 - 10/9/10
Interest Two	1/9/10 - 1/16/10	4/10/10 - 4/17/10	7/10/10 - 7/17/10	10/9/10 - 10/16/10
Interest Three	1/16/10 - 1/23/10	4/17/10 - 4/24/10	7/17/10 - 7/24/10	10/16/10 - 10/23/10
Interest Four	1/23/10 - 1/30/10	4/24/10 - 5/1/10	7/24/10 - 7/31/10	10/23/10 - 10/30/10
Interest Five	1/30/10 - 2/6/10	5/1/10 - 5/8/10	7/31/10 - 8/7/10	10/30/10 - 11/6/10
Interest Six	2/6/10 - 2/13/10	5/8/10 - 5/15/10	8/7/10 - 8/14/10	11/6/10 - 11/13/10
Interest Seven	2/13/10 - 2/20/10	5/15/10 - 5/22/10	8/14/10 - 8/21/10	11/13/10 - 11/20/10
Interest Eight	2/20/10 - 2/27/10	5/22/10 - 5/29/10	8/21/10 - 8/28/10	11/20/10 - 11/27/10
Interest Nine	2/27/10 - 3/6/10	5/29/10 - 6/5/10	8/28/10 - 9/4/10	11/27/10 - 12/4/10
Interest Ten	3/6/10 - 3/13/10	6/5/10 - 5/12/10	9/4/10 - 9/11/10	12/4/10 - 12/11/10
Interest Eleven	3/13/10 - 3/20/10	6/12/10 - 6/19/10	9/11/10 - 9/18/10	12/11/10 - 12/18/10
Interest Twelve	3/20/10 - 3/27/10	6/19/10 - 6/26/10	9/18/10 - 9/25/10	12/18/10 - 12/25/10
Interest Thirteen	3/27/10 - 4/3/10	6/26/10 - 7/3/10	9/25/10 - 10/2/10	12/25/10 - 1/1/11
2011
Interest Thirteen	1/1/11 - 1/8/11	4/9/11 - 4/16/11	7/9/11 - 7/16/11	10/8/11 - 10/15/11
Interest One	1/8/11 - 1/15/11	4/16/11 - 4/23/11	7/16/11 - 7/23/11	10/15/11 - 10/22/11
Interest Two	1/15/11 - 1/22/11	4/23/11 - 4/30/11	7/23/11 - 7/30/11	10/22/11 - 10/29/11
Interest Three	1/22/11 - 1/29/11	4/30/11 - 5/7/11	7/30/11 - 8/6/11	10/29/11 - 11/5/11
Interest Four	1/29/11 - 2/5/11	5/7/11 - 5/14/11	8/6/11 - 8/13/11	11/5/11 - 11/12/11
Interest Five	2/5/11 - 2/12/11	5/14/11 - 5/21/11	8/13/11 - 8/20/11	11/12/11 - 11/19/11
Interest Six	2/12/11 - 2/19/11	5/21/11 - 5/28/11	8/20/11 - 8/27/11	11/19/11 - 11/26/11
Interest Seven	2/26/11 - 3/5/11	5/28/11 - 6/4/11	8/27/11 - 9/3/11	11/26/11 - 12/3/11
Interest Eight	3/5/11 - 3/12/11	6/4/11 - 6/11/11	9/3/11 - 9/10/11	12/3/11 - 12/10/11
Interest Nine	3/12/11 - 3/19/11	6/11/11 - 6/18/11	9/10/11 - 9/17/11	12/10/11 - 12/17/11
Interest Ten	3/19/11 - 3/26/11	6/18/11 - 6/25/11	9/17/11 - 9/24/11	12/17/11 - 12/24/11
Interest Eleven	3/26/11 - 4/2/11	6/25/11 - 7/2/11	9/24/11 - 10/1/11	12/24/11 - 12/31/11
Interest Twelve	4/2/11 - 4/9/11	7/2/11 - 7/9/11	10/1/11 - 10/8/11	12/31/11- 1/7/12

Prepared by:
Norman B. Scott, Jr.