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What You Need to Know about Preowned Fractional Shares

They can offer great value to buyers and flexibility to sellers but beware of program fine print. March 2021 If you’re like most fractional aircraft owners, you’ll keep your share until the ownership contract expires or upgrade to another model in the program before then. But what if you want to get out of your share before its term ends?  A change in lift needs, financial issues, or disappointing program performance are among the reasons shareowners might wish to exit their contract after meeting its minimum terms. That’s where the preowned-shares market comes in or doesn’t, depending on your program and your contract. More on that shortly. 

COVID-19: The Year Of The Great Migration - Coronavirus (COVID-19)

To print this article, all you need is to be registered or login on Mondaq.com. We have seen all sorts of changes in behavior over the past 12 months as a result of the COVID-19 pandemic. Remote working. No live music. Limited (or no) family gatherings. And, for some, an extra 15 pounds. But in the state and local tax world, we ve seen another striking change in people s behavior. People. Are. Moving. They are moving to Florida. They are moving to the Hamptons. They are moving home to live with their parents. They are moving in with their kids. They are leaving California, Illinois, New Jersey,

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