Vacation Home / Second Home

Usage Assignment Method

The Usage Assignment Method is a method for allocating usage rights in a co-ownership arrangement of a second, or vacation, home.

Time Shares

On the surface, second or vacation home co-ownership seems similar to a time share arrangement. In many ways it is. However there are some key general differences.

Taxes and Second Homes

Allocating Property Taxes

Pay to Use Method

The Pay to Use method is a usage allocation method where a co-owner pays a usage fee for each day/week of usage.