How Yacht Shares Work

What is Fractional Yachting?
Fractional Yachting is when a person or company buys or leases only a fraction of the yacht and pays a fraction of the operating costs and shares the yacht with others.  Typically, the yacht is professionally managed by a 3rd party company such as Signature Yacht Charters.

What are the costs?
After the acquisition cost, you pay your fractional share of the total fixed operating costs and all of your fuel and consumables. Signature Yacht Shares provides a complete annual budget and collect these costs monthly, similar to a homeowners association. Fixed operating costs include captain, slip, cleaning, maintenance, insurance and other costs.

How affordable is it?
It is surprisingly affordable! You never pay more than a small fraction of the usual cost to acquire the yacht or to operate it. This is not a partnership; you are only responsible for your share of the costs.

Do you finance the shares?
Yes, collateralized security loans are available through Merrill Lynch and other securities dealers at extremely low rates.

How is a owning a Signature Yacht Share different from being in a Boat Club?
Signature Yacht Shares focuses on delivering the ultimate yachting and sportfishing experience, utilizing only the finest yachts in the word. Our yachts are used by a very limited number of share holders. Conversely, a boat club typically utilizes entry-level, affordable boats and sells many more memberships per boat. They focus on providing access to boating as inexpensively as possible ? and they do a great job with that. We focus on delivering the best yachting experience money can buy.

How many days can you use of the yacht?
Signature Yacht Shares has an inovative Unlimited Use reservation system which gives you unlimted access to the yacht, subject to availability.  We do guarantee a certain number of days per year depending on the number of shares offered in the yacht.

How do you schedule the yacht?
We have a calendar on our website showing available dates. Our Unlimted Use scheduling system allows you to book up to a 7-day reservation not more than 2 months in advance, but gives you 2 vacation weeks where you can reserve the yacht up to a year in advance.

Do people have misconceptions about yacht sharing?
Absolutely! When people first hear about yacht sharing they assume there are compromises that go along with the savings. In reality, the only compromise is that the yacht may not be available on a particular day. Otherwise, we think you will find the experience incredible. Think about it ? the boat is always clean and ready to go, it's equipped with state of the art electronics, it has the best safety gear, and Signature Yacht Shares manages all the details.

Do you provide a Captain for the yacht?
The smaller yachts can be operated by the share holder without a captain. However, a captain is required for the larger yachts in the fleet. We provide a list of approved captains from which you can choose. Should you be interested in operating the yacht yourself, we provide a pathway for you to become an approved captain. The captains charge a separate day rate for their service.

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