Why use a trust as opposed to a traditional deed-based structure?

The trust concept has been in use for over 500 years and is recognized as the most effective way to divide property into component pieces that comprise the “bundle of rights”. Trusts are contractual legal constructs that are highly flexible to accomplish the objectives of the project at the outset and accommodate future changes to the resort or club including additional phasing and inventory replacement. Trusts provide significant transactional costs savings (by avoiding deed preparation and recording, deed stamps and taxes, and foreclosure costs), improved inventory management, consumer confidence and confidentiality, and superior flexibility. more…

How can FNTC improve the success of my resort?

Implementing a well crafted trust using a professional trustee to hold intervals can significantly reduce transactional and operational costs typically incurred in a traditional deed-based resort. A resort trust can maintain optimum flexibility for ownership changes in the future. more…

Our HOA is facing mounting delinquencies. How could a trust model help us re-circulate these units without incurring the time and expense of traditional foreclosures?

Cancellations of delinquent units can be accomplished much more easily and cost effectively using a trust-based ownership plan. In some cases, deed-based resorts have looked to implement trust-model solutions to recapture and manage large numbers of delinquent units.

I already have a team of lawyers. Why should I consult with FNTC?

FNTC America does not provide legal advice or services. We work collaboratively with lawyers to design and implement trust-based solutions.

Okay, I appreciate the benefits a trust solution could bring my development. When should I contact FNTC?

Contact FNTC early in you project planning to structure optimally flexible legal structure to support successful pre-sales and marketing. more…

I’m considering using my business partner, employee, lawyer or a family member to serve as my trustee. Why should I consider using FNTC instead?

FNTC delivers competitively priced professional, independent trustee services to provide asset preservation, perpetual administration and substantial professional expertise in the vacation ownership industry. We partner with our clients to reduce operating and administrative expenses, improve consumer confidence, and increase sales success. more…