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Rosemary Beach Fraction for Sale

Discussion in 'Real Estate' started by sweet, Oct 30, 2005.

  1. sweet

    sweet Beach Lover

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    I have a great fracation for sale at the Private Residence Club in Rosemary Beach. Exceptionally furnished 2/2.5, 7 weeks Pool on roof, etc
    Closing sometime in May or June 2006.
    If you need additional information e-mail me at ecbbm@yahoo.com
    Best price around $319.00
    There are only a few left in Rosemary
    Selling for $379
     
  2. seacrestkristi

    seacrestkristi Beach Fanatic

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    Re: RoseMary Beach Fracation for Sale

    :idontno: What is a fraction?
     
  3. kurt

    kurt Admin Staff Member

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    Re: RoseMary Beach Fracation for Sale

    http://www.rosemarybeachprc.com/FAQ.html

    Each owner owns a deeded 1/6 undivided interest as tenants-in-common in one of the 16 PRC residences. All owners have equal rights of usage of all 16 residences. Ownership is evidenced by a real estate deed, recorded in the Walton County records and insured by a title insurance policy. Subject to certain restrictions, your deeded 1/6 interest can be mortgaged, willed, placed in a trust, owned by a corporation or resold by you or a licensed real estate agent.
     
  4. seacrestkristi

    seacrestkristi Beach Fanatic

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    Re: RoseMary Beach Fracation for Sale

    :D Thanks for the 411!
     

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