Quote:
Originally Posted by Edelweiss
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!!
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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
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