Trapper's Landing Lodge

Fractional and Whole Ownership Options

Whole, Quarter-Share and Sixth-Share Ownership Options Available

3-Bedroom
Lakeside Townhome

Whole
52-weeks / year

Quarter Share
12-13 weeks / year

Sixth Share
8-9 weeks / year

3-Bedroom
Hudson Bay Cabin

Whole
52-weeks / year

Quarter Share
12-13 weeks / year

 

2-Bedroom
Hudson Bay Cabin

Whole
52-weeks / year

Quarter Share
12-13 weeks / year

 

The first thing you need to know, is the difference between purchasing a Fractional Ownership, Shared Ownership or timeshare. 

Fractional and Shared Ownership are used interchangeable. As defined by Wikipedia (1.18.2011) fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. Typically, a company manages the asset on behalf of the owners, who pay monthly/annual fees for the management plus variable (e.g. per-hour, per-day) use fees. 

A timeshare is defined by Wikipedia as: A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week, and almost always the same time every year) in which they may use the property. Units may be on a part-ownership or lease/"right to use" basis, in which the sharer holds no claim to ownership of the property.

Many owners prefer to purchase the whole unit for 52 weeks of use per year. This of course allows them unlimited flexibility on when to personally use of their lake home or cabin, or if they are in the rental management program, when to rent their home for rental income.

When you purchase a fractional share at Trapper's Landing Lodge, you are purchasing a deeded interest in a vacation home. This is a prime piece of Minnesota vacation real estate that you own, with all of the amenities of a luxury north woods resort, without the responsibilities of maintenance, repair or upkeep.

Your purchase entitles you to use the entire home - and all of the resort services. A quarter-share allows you one full week at least every month, all year long, for a total of 13 weeks. And a sixth-share allows you two weeks every season, all year round for a total of 8 weeks each year. Thus, when you purchase your home, you receive exclusive use to a "basket" of 8 or 13 weeks each year. These designated weeks begin on Friday night and extend to the following Friday at noon.

Your designated "basket of weeks" rotates on an annual basis. This gives every owner a chance to enjoy all of the major holidays and prime vacation weeks at least once during the four or six year cycle. It's totally up to you to decide how to spend your time. Come and bring the family for a whole week. Or escape to the north woods for a day or two of personal time. Let a group of your friends use it. Donate one of your weeks to a charity auction. It's your time to do with as you please. If there is a time when you would like to stay in your home during an alternate week, we will try to arrange a trade with the other owners. If you are unable to use your home during one of your weeks, we will look for a renter at your request*. Each Trapper's Landing Minnesota vacation rental is a prime vacation property on Leech Lake.

Your Minnesota cabin is both a family home and a unique real estate opportunity. One of the most attractive features is that these properties-with all the amenities, support services and resort accommodations-are available at a fraction of the cost of what it takes to build, furnish and maintain a new home on Leech Lake. And the home is all yours for 8 or 13 weeks every year. You're purchasing more than the amount of time most families ever spend in a vacation rental -with the freedom and financial resources to travel elsewhere at other times.

*The rental management program is optional for all owners through Odyssey Resorts.


1812 Merit Road N.W. Walker, MN 56484  |  (866) 665-3324 info@trapperslandinglodge.com  | Owner's Login | Connect with Trapper's Landing Lodge Find Us on Facebook
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