Fractional Ownership

Entering Fractional Ownership into LandMark is a multi-step process. CLGT taught this at Assessor’s Camp in 2024. Please download their Fractional Ownership Presentation pdf for step-by-step guidance on the listed examples below.

Fractional ownership in real estate refers to a parcel where multiple individuals or entities collectively own a portion or fraction of a property. Instead of one person owning the entire property, it is divided into shares or fractions, typically through a legal agreement such as a deed or court order.

Check out further guidance on:

• One Tax Statement
• Multiple Tax Statements
• Combining Fractional Ownership
• Fractional Ownership Clean Up Index