Property Ownership
In Colorado, a 'fractional ownership' interest in real property (such as a vacation home) typically involves:
ATimeshare ownership without any deed
BMultiple owners holding deeded fractional fee simple ownership interests with scheduled use✓ Correct
CA cooperative where only one person can occupy at a time
DUndivided joint tenancy only
Explanation
Fractional ownership involves multiple parties holding deeded fee simple ownership interests in a property, each entitled to use the property for a defined portion of the year. Unlike timeshares, fractional owners typically have deeded title to their fractional interest.
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