Larry Dighera wrote:
On Tue, 11 Sep 2007 08:22:51 -0500, "Gig 601XL Builder"
wrDOTgiaconaATsuddenlink.net wrote in
:


You say that like Fractional ownership is a new thing. It has been
around for years. We just called it partnerships and flying clubs in
the past.

You are obviously unaware of the recent regulation changes concerning
fractional ownership. You can start your research he



I'm well aware of it. That doesn't really change the fact that fractional
ownership is an evolution of partnerships and clubs as opposed to a
revolutionary change in ownership. In fact what you posted pretty much
explained how one came from the other.

The reasons regulations had to be propagated was because you basically had
one partnership leasing planes to members of other partnerships. This
basically made fractional ownership a sort of hybrid of clubs and
partnerships.