Owners receive an equitable number of nights at the Property, determined by their ownership percentage. This number is split between Off-Season nights and Peak-Season nights to ensure equitability and fairness between Owners. The allocation resets on December 31st each year. When purchasing a share, the allotted days are prorated based on the purchase date, ensuring fairness and simplicity among Owners.
Example: If an Owner purchases a 1/8th share on June 1, 2024, their annual nights are prorated. Instead of the full 44 nights that are annually allotted to a 1/8th share Owner, they get 22 nights for the remainder of the year, equitable split between Peak and Off-Season. Midday on December 31st, their annual nights reset, providing 44 nights for the following year.