Who owns the property?

You will be a part Owner of a debt-free not-for-profit Corporation called Wolfe Springs Resort Association that will own the land and all the villas, furniture, golf carts, docks and maintenance equipment. Shares are yours forever or they can be sold or willed to someone else. This innovative approach makes vacations more enjoyable and affordable for you and future generations.

 

How long will we own our luxury vacation villa?

Forever.

 

Can we loan our luxury vacation villa to friends or family, or rent our villa?

Yes. If you are unable to use your luxury vacation villa, you can let your family or friends enjoy it or rent it to members of the general public on your own. You must, however, provide management in advance with the names of the individuals that will be occupying your villa and, of course, your renters would have to be good neighbours and abide by the association rules. Should you wish to avoid the effort in renting out your villa, for a nominal fee the Wolfe Springs Property Manager will be happy to assist you in this regard.

 

Can I sell my luxury vacation villa share?

Your shares are your investment to keep within the family for life, bequeath in your estate or sell at your discretion. The sale of shares prior to project completion are subject to the terms and conditions within the ownership documents.

 

How do ongoing property management decisions get made for the property?

The Wolfe Springs Resort  Association and its Shareholders own all the property and buildings. All decisions regarding the property and villas will be made by you and the Wolfe Springs Resort Association.

 

Is buying more than one share allowed?

Absolutely.

 

Can I keep a boat at Wolfe Springs?

Yes. You can keep a boat moored at one of our new docks during your weeks of occupancy.

 

Is there a beach?

There is a beautiful sand beach on the property ideal for swimming and sunbathing.

 

Are pets allowed?

Wolfe Springs is a pet-free resort.

 

Is smoking allowed?

At Wolfe Springs Resort, all luxury vacation villas are designated non-smoking facilities.

 

Can I have guests?

The townhouse/villa is yours to enjoy with whoever you please. There is an overnight occupancy limit of eight (8) people, including children.

 

What is the drinking water supply?

A state-of-the-art treated well-water system. It is top of the line, guaranteeing a reliable supply of fresh, clean water for drinking, washing and more.