Frequently Asked Questions

Questions people actually ask.

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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. [link: See the full comparison | NEW TAB].

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.

> See if CoHaven's model is the right fit.

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.

> See the full cost breakdown.

Does CoHaven offer financing?

No — CoHaven groups purchase all-cash. Your contribution needs to be liquid capital, not financed through CoHaven or the LLC.

> Read more about the all-cash structure .

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.

> See how scheduling works.

What if I need to sell my share?

The Operating Agreement defines the exit process in advance — valuation, a right of first refusal for the other owners, and a path to an outside sale if needed.

> See the full exit process.

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.

> See who CoHaven works with.

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.

 

> See the full process for what each phase involves.

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