For holiday owners 
How to establish trusting to the co-owners
How do the officials regard to such clubs and associations? What legal status do we have? How are the arising conflicts solved, for example, if the co-owners are eager to sell or re-register their joint property? The answer to such question is one of the basic solutions admitted by the co-owners before the purchase of real estate: who and in what status will own, have the right to use and administer real estate and land under it from the point of view of the official authorities.
Within the decades, it has been elaborated and covered by the legislation the system of joint possession of real estate via a trustee, a company with activity regulated legally and limited by rendering of service in organizing, provision and supervision over joint possession of any property. Such property can be presented by stocks, or shares in the enterprises, means of production or physical goods, author rights or a villa, a house or a flat.
Holiday ownership is a most flexible and convenient system for organizing of property possession. The property is purchased and registered in equal ownership for two parties, a club and a trust (a trustee). Under this ownership scheme, any change in the ownership structure of a particular property requires the consent of both the club and the trust.
The club and the trust agree how they will distribute the property rights for each particular object of property. The common scheme is distribution of the property right per weeks. The club informs the trust about the emergence of a new owner, reports what weekly periods and in what properties the owner has purchased. Trust services are paid by the club and are unavoidable costs, as the trust is a co-owner of the property equivalent to the club, and the club cannot change the trust for the already deposited real estates.
The trust keeps records of all co-owners and provides the co-owner with a certificate only if the required number of weeks for the new co-owner is not occupied by other co-owners. The certificate from the trust is an official guarantee from the trustee that the interests of the co-owner for the use of real estate are taken into account and accepted for the guarantee by the trust (a third party with ownership and disposal rights) to the required extent.
I can remember that in my childhood my parents traditionally exchanged their homes with their best friends’ family for a week. It was always a memorable travel. I dreamt then how wonderful it would to have such friends everywhere and to travel to different parts of the world. As a kind fairy godmother, Alliance Family Club has realized my dream in the adult life. Meetings, communication and discussion of the projects with other shareholders of Global Actual Services naturally give me an opportunity to have many good friends round the whole world. Please, don’t change your dreams just because you don't know how to make them come true. You’ll learn with us how to do that!
Nana Franchetti about holiday ownerhip
The head of the Trust Company Global Actual Services