Yacht Share Legal Documentation
The core of fractional ownership is the syndicate agreement that all the owners sign up to and abide by.
The Fractional Association’s shared yachts’ operational management programme has evolved over many years, and their syndicate agreement has been updated and amended over those years to remain relevant and to always run in tandem with evolving operational experiences derived from the ever growing numbers of yachts syndicates and new fractional owners around the world.
The objective of the agreement is to outline the expectations and provide a robust but ‘plain English’ understanding for all parties. It should be read in conjunction with the Fractional Association’s Code of Conduct which underpins the Syndicate Agreement.