Are fractional ownership situations subject to local government approval?

Are fractional ownership situations subject to local government approval?

John Caliendo (Realtor) gives expert video advice on: What are the benefits of fractional home ownership?; How do I finance my portion on the payment in a fractional home ownership deal? and more...

When it comes to home sharing, at this time in my local municipality, I am not aware of any fractional ownership situations being subject to local government approval. However, I would strongly suggest any buyer in their local area certainly checking with the powers that be.