Processes and methodologies for equity structures in shared ownership ventures
AssigneeLas Vegas Resort & Golf Vacation Homes, LLC
InventorDaniel Somers
Life of this patent
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Abstract
New methods for use of improved vehicles allowing preemption of traditional hotel and vacation resort models for fractional ownership are disclosed. According to the teachings of the instant disclosures, unmatched return on investment dollars coupled with choices of properties and locations allows provision of amenities that are unparalleled in both the resort hotel and high-end vacation club industries. Administrative and finance issues generally rendering such matters challenging are likewise ameliorated according to the instant teachings.
Claims16
An improved process and methodology for providing equity in at least a property, which comprises, in combination:
- procuring said at least a property with at least one of cash and loans;
- establishing a land trust for taking and recording title to said at least a property;
- providing at least one investor owner with an investor ownership of said land trust;
- and
- providing at least one equity owner with an equity ownership of said land trust.
An improved real estate time-share related type of equity structure, comprising at least a property, a land trust, a property manager, an investor owner, and an equity owner, wherein:
- said property manager manages said at least a property;
- said land trust maintains title to said at least a property;
- said equity owner holds equity ownership of said land trust;
- and
- said investor owner holds investor ownership of said land trust.
A novel instrument for ownership of at least a property by way of a financial structure, comprising financial transfers between each of a land trust, a property manager, an investor owner, and an equity owner, wherein:
- said equity owner provides an equity payment;
- said land trust provides an external payment;
- an external income is received by at least one of said land trust and said investor owner;
- said land trust provides at least one of a mortgage payment and a late fee;
- and
- said property manager may receive a property management fee.
Dependencies are inferred from the claim text.