fractional ownership of vacation homes?

Is there a web site to explore fractional ownership of waterfront properties in the US? I don't want time share sites, because I don't care about resorts. Fractional ownership is when a small number of people go in together to buy a property but there are just a few owners and a property may be managed by a management company but the process is usually started when a small group of friends or family get together to buy a vacation home.

Or is this just not a common enough concept that such a resource exists?

Anonymous2011-02-09T16:19:10Z

Favorite Answer

Sure, check out the grand-daddy of fractional ownership consumer websites - FractionalLife.com
Real estate sections are
http://www.fractionallife.com/fractional_destination_private_clubs.asp
http://www.fractionallife.com/fractional_private_clubs.asp
http://www.fractionallife.com/fractional_property.asp