1.0Chenut Advogadoshttps://chenut.onlineAdministradorhttps://chenut.online/author/administrador/(English) Timesharing and fractional ownership in Brazil - Chenut Advogadosrich600338<blockquote class="wp-embedded-content" data-secret="LQuAYM8BCU"><a href="https://chenut.online/english-timesharing-and-fractional-ownership-in-brazil/">(English) Timesharing and fractional ownership in Brazil</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://chenut.online/english-timesharing-and-fractional-ownership-in-brazil/embed/#?secret=LQuAYM8BCU" width="600" height="338" title="“(English) Timesharing and fractional ownership in Brazil” — Chenut Advogados" data-secret="LQuAYM8BCU" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
/*! This file is auto-generated */
!function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document);
</script>
[:en]Although these institutes are not very diffused in Brazil, timesharing and fractional ownership are institutes that date back to the 1960s. In a post-war scenario and before an economic crisis, timesharing appears in Europe as a means for a shared use of holiday homes (vacation home sharing). Later, in 1974, timesharing develops in the United States through the company Caribbean International Corporation offering “licenses of use” of 25 years (vacation license) in rooms of its resorts. A few years later, Richard Santuilli launches the concept of fractional ownership by NetJets that created the possibility of individuals or legal persons to acquire shares or fractions of private aircrafts. The difference between these two institutes is in the nature of both, because while fractional ownership regards a right in rem, timesharing concerns a contractual right. In the first case, the person owns the property, i.e. he holds its title and all rights of ownership, and may sell the property at any time or profit from its eventual appreciation. In practical terms, members using the fractional ownership system have a fraction, ie shares of an entity that owns the property. The partners then divide the costs and expenses concerned to the property according [...]Chenut Advogados
Chenut Advogados
