[melindara]

How does fractional sailing work for a member-owner? I'm considering becoming a member-owner for a fractional sailing club. Basically you put up part of the money for a new sailboat, and then people pay a monthly membership fee to maintain/use to boat. What happens after the contract for the fractional sailing expires? Do you own the boat or does the fractional sailing club? Are you locked into owning that boat only thru the club? What happens?
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