Fractional ownership is a financial arrangement in which multiple individuals share ownership of a high-value asset, such as real estate, a vacation home, a private jet, or artwork.

Each person owns a percentage of the asset, which entitles them to use it and benefit from it in proportion to their ownership share. Owners can typically sell, transfer, or lease their portion to others, making it a flexible investment option.

This model allows individuals to enjoy the benefits of owning expensive assets without bearing the full cost, and it’s often managed by a third party who handles scheduling, maintenance, and administration.