Frequently Asked Questions
Questions people actually ask.
Don't see yours here? Ask it directly — a Discovery Session is free and takes 15 minutes.
General
Is this a timeshare?
No. You hold a real equity interest in a Florida LLC that owns the property outright — not the right to use a property someone else owns, and not points redeemable across a network of properties. See the full comparison.
Do I need to already have a group of co-owners?
No. CoHaven curates compatible group profiles and presents them to you — timeline, usage expectations, and property preferences all factor in. You review the options and decide which group is the right fit.
How many people are typically in a group?
Most groups have up to eight co-owners, but group size is flexible — smaller groups with larger individual shares are an option, sized to fit your goals.
What if I'm looking at a fractional share that's already listed somewhere else?
That's a different model. CoHaven curates group and property options built around what you're looking for, and you decide what fits. We don't sell shares in properties we've already selected.
Costs
What does a co-ownership share actually cost?
For an $800,000 property split eight ways, roughly $100,000 per owner, plus a share of the organizational fee and ongoing costs.
Does CoHaven offer financing?
No — CoHaven groups purchase all-cash. Your contribution needs to be liquid capital, not financed through CoHaven or the LLC.
What's included in the organizational fee?
Group formation, LLC setup, Operating Agreement drafting, and CoHaven's coordination through closing. The fee is complexity-based, typically $45,000–$60,000 per group, confirmed in your group proposal.
Ownership & Process
What happens if two owners want the same week?
The Operating Agreement establishes the scheduling system before anyone owns anything — a fixed rotation, an annual drawing, or reserved weeks plus first-come booking. Conflicts follow that system, not whoever asks first.
What if I need to sell my share?
The Operating Agreement defines the exit process in advance, including valuation, a right of first refusal for the other owners, and a path to an outside sale if needed.
Who handles the legal work?
Bill Ketchersid of Ketchersid Law in Destin, Florida forms the LLC and drafts the Operating Agreement for every CoHaven group.
How long does the whole process take, start to finish?
It varies by group and property search, but the process runs through four phases — Learn, Match, Close, Own.
Still have a question?
A Discovery Session is a free 15-minute call — bring anything that isn't answered here.
