Barnes Collection Club divides the property into shares offering the same rights with a maximum of 8 co-owners. Each co-owner purchases a fraction (1/8, 1/4, etc.) and, unlike a timeshare, holds actual ownership with legal rights over the property.
Dedicated SSCI: A Société Civile Immobilière (SCI) is created for each property, ensuring legal separation and protecting co-owners from risks related to other properties. Co-ownership regulations: An agreement specifies usage rules, responsibilities, and share resale rules to prevent disputes.
Time allocation: Each co-owner is entitled to a number of days proportional to their share. An intelligent booking system ensures fair distribution on a rolling calendar so that everyone can stay during peak periods.
Restrictions: Certain limitations may apply to protect the property, such as prohibiting events or exceeding a maximum number of guests.
Barnes Collection Club handles operational management for property management fees.
Common costs: Co-owners share expenses (maintenance, services, taxes, insurance, etc.) proportionally to their shares, but managed by Barnes, which handles logistics and administrative aspects.
Reserve fund: A fund may be established to cover unforeseen expenses, such as major repairs.
Notification and purchase priority: Barnes manages the resale of shares and ensures that all co-owners are informed.
14 Avenue George V, Paris 75008
+33 1 86 70 58 59
welcome@barnes-collectionclub.com
