frequently asked questions

Practical affordable ownership on the lake.

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• Fractional Ownership
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Many people would like to own a luxury vacation home on the water but don’t want the hassle and expense of owning a place they will only use a few weeks per year. On the other hand, they do want the value, equity, and other benefits. If this is you, then fractional ownership is a perfect fit.

We are delighted to bring the concept of fractional ownership to the Lutsen/Tofte area with an exclusive offering of luxury waterfront townhomes sold in quarter shares, half shares, as well as whole ownership.

When you purchase a fractional share in a Surfside on Lake Superior™ townhome, you’re buying a deeded interest in a luxury vacation home on the water, including all resort services and amenities, for one full week of every month—or 13 weeks per year. You own an undivided interest in the townhome until you decide to sell. All other benefits and expenses are shared among the owners of your luxury vacation home.

On the following pages, you’ll find some frequently asked questions and answers about fractional ownership and how it works at Surfside on Lake Superior.™ If you don’t see your question and answer here, please call us and we’ll happily discuss it with you.