Thread: Partnerships?
View Single Post
Old 02-15-2015, 09:45 PM   #27
O C Diver
Guru
 
O C Diver's Avatar
 
City: Fort Myers, FL... Summers in the Great Lakes
Vessel Name: Slow Hand
Vessel Model: Cherubini Independence 45
Join Date: Dec 2010
Posts: 12,834
Quote:
Originally Posted by Edelweiss View Post
I knew Nordic Tug in my marina was offering these condo boats, but had never heard the numbers before. I wonder how they divide up the use?

Eight owners and about 12 prime summer weeks of use and another 12 Spring/Fall weeks. The prime owner gets 1/2 of the time, Plus a 1/4 share owner, and six 1/8 share owners to get. . . . . what? That doesn't work. . . can't be eight owners or am I doing something wrong? The 8 owners must be the case if they're all 1/8th share owners? Even then you would only have a week and a half during the summer months.

I think you're right OC. . . chartering would make more sense!!
My guess is it's 4 owners, 1/2 + 1/4 + 1/8 + 1/8 = 100% . The other part to consider, do you want to pick your weekends after 75% has already picked theirs?

Ted
__________________
Blog: mvslowhand.com
I'm tired of fast moves, I've got a slow groove, on my mind.....
I want to spend some time, Not come and go in a heated rush.....
"Slow Hand" by The Pointer Sisters
O C Diver is online now   Reply With Quote