Owner's Quarters Entire Brochure - fractional ownership, fractional real estate, fractional property

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Owner's Quarters Logo

WHAT IS OWNER’S QUARTERS?

When you purchase an Owner’s Quarters Interest,
you enter into a vacation lifestyle that combines the benefits of second home ownership with the amenities of an luxurious resort and the services offered by your Personal “Owner’s Quarters Vacation Liaison Team”.

Your “OWNER’S QUARTERS” Residence…
We’ve set our standards high…
Your 4 bedroom/4 bath villa features:

● Over 2,100 square feet of oceanfront enjoyment
● Granite countertops
● Extensive tile
● Fully appointed kitchens
● Spacious bedrooms
● Expansive balconies with incredible views of the N. Myrtle Beach coastline & Atlantic Ocean
● Wireless internet access
● Digital LCD/HDTV flat screen TVs with DVD players throughout
● iHome Stereo radio in living area with iPod docking station

Crescent Shores Villa #1003 Dining Photo

Crescent Shores Villa #1003 Living Area Photo

And right outside your door… · 110 ft. Oceanfront Pool · 200 ft. Lazy River · 2 Oceanfront Hot Tubs & Kiddie Pool · On-site Property Management	· Indoor Pool · Exercise/Fitness Room · Sunning deck with beach access · Located in desirable Crescent Beach

And only minutes away from all the Grand Strand has to offer…
· A variety of entertainment venues · Hundreds of restaurants · Miniature golf · State Parks · Minor League Baseball · Dinner cruises on the Intracoastal Waterway · Scuba diving or swim with Dolphins · Day spas	· Over 120 golf courses · Malls · Fishing charters · Botanical gardens · The Aquarium · Weekly fireworks display at Barefoot Landing and Broadway at the Beach · Plane and helicopter tours

Owner's Quarters Logo And the best part….

ALL THIS WITHOUT ALL THE HASSLE…
Your “Personal Vacation Liaison Team” handles all the details leaving the enjoyment up to you! We can recommend restaurants, book a tee time or a relaxing day at the spa. Your “Personal Vacation Liaison Team” is just a phone call away to assist you in making the most out of your precious vacation time.

Crescent Shores Balcony View Photo

How does the OWNER’S QUARTERS program work?
Your Ownership Interest in an OWNER’S QUARTERS villa consists of 4 weeks per year, of deeded undivided interest. The ownership schedule is based upon a 13-week rotating schedule giving each owner 1 week per season. Each year, your ownership interest advances forward one week.(See example usage schedule.)

Owner's Quarters Trade to Travel Photo

Owner's Quarters Logo There are no hidden fees or charges….
There will be decisions that have to be made from time to time and your “Owner’s Quarters Vacation Liaison Team” will coordinate with your elected board of directors to manage the day-to-day and ongoing management of your vacation home. A monthly fee has been established to provide enough funds to efficiently operate and maintain your Owner’s Quarters condominium. This budget along with your board of directors is subject to change, but are both controlled by you and your 12 co-owners. The “Owner’s Quarters Vacation Liaison Team “will do everything necessary to manage your condominium as long as your board agrees that our services are needed. We will go out of our way to make every effort to satisfy you and the rest of the owners in your Owner’s Quarters condo, however, we are employed by your board of directors and we will operate the unit at their direction.

Own as much time as you need…
Since your ownership interest is deeded real estate and is yours and your assigns forever, many owners opt to purchase multiple interests thereby giving them the ability to visit North Myrtle Beach more often.

Enhance your ownership experience with "INTERVAL INTERNATIONAL" …

Known as The Quality Vacation Exchange Network®, Interval International® has operated exchange and membership programs for vacation owners worldwide for more than 32 years. Interval has a network of over 2,400 resorts in more than 75 countries and serves approximately 2 million member families. … That's a LOT of luxury.

Vacation owners enjoy great home resort destinations, but when they want a change, Interval International membership gives them the opportunity to trade their week for time at a different resort, or to vacation at a different time of the year, with hundreds of vacation exchange choices. It’s the ultimate in flexibility! *Based on availability

OWNER'S QUARTERS
USAGE SCHEDULE

Owning four weeks allows you to have One Week per Year in each of the Four Seasons!

Each Interest rotates one week forward every 12 months.
For example in the Winter of 2008, Interest A is the first week of the quarter.
Therefore, in 2009,
Interest A rotates to the second week of each quarter and in 2010,
Interest A rotates to the third week of each quarter and so forth.
Simply put, after 13 years, you will have had the opportunity to visit and vacation in North Myrtle Beach during your allocated week for every week of the calendar year !
Owners have the option of swapping weeks to accommodate their schedules. Owners may contact each other directly or ask their Vacation Liaison Team to arrange an exchange for them.

IT'S AS EASY AS THAT!

	WINTER 2008	SPRING 2008	SUMMER 2008	FALL 2008
A	12-30 - 01-06	03-30 - 04-06	06-29 - 07-06	09-28 - 10-05
B	01-06 - 01-13	04-06 - 04-13	07-06 - 07-13	10-05 - 10-12
C	01-13 - 01-20	04-13 - 04-20	07-13 - 07-20	10-12 - 10-19
D*	01-20 - 01-27	04-20 - 04-27	07-20 - 07-27	10-19 - 10-26
E	01-27 - 02-03	04-27 - 05-04	07-27 - 08-03	10-26 - 11-02
F	02-03 - 02-10	05-04 - 05-11	08-03 - 08-10	11-02 - 11-09
G	02-10 - 02-17	05-11 - 05-18	08-10 - 08-17	11-09 - 11-16
H	02-17 - 02-24	05-18 - 05-25	08-17 - 08-24	11-16 - 11-23
I	02-24 - 03-02	05-25 - 06-01	08-24 - 08-31	11-23 - 11-30
J	03-02 - 03-09	06-01 - 06-08	08-31 - 09-07	11-30 - 12-07
K	03-09 - 03-16	06-08 - 06-15	09-07 - 09-14	12-07 - 12-14
L	03-16 - 03-23	06-15 - 06-22	09-14 - 09-21	12-14 - 12-21
M	03-23 - 03-30	06-22 - 06-29	09-21 - 09-28	12-21 - 12-28

	WINTER 2009	SPRING 2009	SUMMER 2009	FALL 2009
M	12-28 - 01-04	03-29 - 04-05	06-28 - 07-05	09-27 - 10-04
A	01-04 - 01-11	04-05 - 04-12	07-05 - 07-12	10-04 - 10-11
B	01-11 - 01-18	04-12 - 04-19	07-12 - 07-19	10-11 - 10-18
C*	01-18 - 01-25	04-19 - 04-26	07-19 - 07-26	10-18 - 10-25
D	01-25 - 02-01	04-26 - 05-03	07-26 - 08-02	10-25 - 11-01
E	02-01 - 02-08	05-03 - 05-10	08-02 - 08-09	11-01 - 11-08
F	02-08 - 02-15	05-10 - 05-17	08-09 - 08-16	11-08 - 11-15
G	02-15 - 02-22	05-17 - 05-24	08-16 - 08-23	11-15 - 11-22
H	02-22 - 03-01	05-24 - 05-31	08-23 - 08-30	11-22 - 11-29
I	03-01 - 03-08	05-31 - 06-07	08-30 - 09-06	11-29 - 12-06
J	03-08 - 03-15	06-07 - 06-14	09-06 - 09-13	12-06 - 12-13
K	03-15 - 03-22	06-14 - 06-21	09-13 - 09-20	12-13 - 12-20
L	03-22 - 03-29	06-21 - 06-28	09-20 - 09-27	12-20 - 12-27

	WINTER 2010	SPRING 2010	SUMMER 2010	FALL 2010
L	12-27 - 01-03	03-28 - 04-04	06-27 - 07-04	09-26 - 10-03
M	01-03 - 01-10	04-04 - 04-11	07-04 - 07-11	10-03 - 10-10
A	01-10 - 01-17	04-11 - 04-18	07-11 - 07-18	10-10 - 10-17
B*	01-17 - 01-24	04-18 - 04-25	07-18 - 07-25	10-17 - 10-24
C	01-24 - 01-31	04-25 - 05-02	07-25 - 08-01	10-24 - 10-31
D	01-31 - 02-07	05-02 - 05-09	08-01 - 08-08	10-31 - 11-07
E	02-07 - 02-14	05-09 - 05-16	08-08 - 08-15	11-07 - 11-14
F	02-14 - 02-21	05-16 - 05-23	08-15 - 08-22	11-14 - 11-21
G	02-21 - 02-28	05-23 - 05-30	08-22 - 08-29	11-21 - 11-28
H	02-28 - 03-07	05-30 - 06-06	08-29 - 09-05	11-28 - 12-05
I	03-07 - 03-14	06-06 - 06-13	09-05 - 09-12	12-05 - 12-12
J	03-14 - 03-21	06-13 - 06-20	09-12 - 09-19	12-12 - 12-19
K	03-21 - 03-28	06-20 - 06-27	09-19 - 09-26	12-19 - 12-26

	WINTER 2011	SPRING 2011	SUMMER 2011	FALL 2011
K	12-26 - 01-02	03-27 - 04-03	06-26 - 07-03	09-25 - 10-02
L	01-02 - 01-09	04-03 - 04-10	07-03 - 07-10	10-02 - 10-09
M	01-09 - 01-16	04-10 - 04-17	07-10 - 07-17	10-09 - 10-16
A*	01-16 - 01-23	04-17 - 04-24	07-17 - 07-24	10-16 - 10-23
B	01-23 - 01-30	04-24 - 05-01	07-24 - 07-31	10-23 - 10-30
C	01-30 - 02-06	05-01 - 05-08	07-31 - 08-07	10-30 - 11-06
D	02-06 - 02-13	05-08 - 05-15	08-07 - 08-14	11-06 - 11-13
E	02-13 - 02-20	05-15 - 05-22	08-14 - 08-21	11-13 - 11-20
F	02-20 - 02-27	05-22 - 05-29	08-21 - 08-28	11-20 - 11-27
G	02-27 - 03-06	05-29 - 06-05	08-28 - 09-04	11-27 - 12-04
H	03-06 - 03-13	06-05 - 06-12	09-04 - 09-11	12-04 - 12-11
I	03-13 - 03-20	06-12 - 06-19	09-11 - 09-18	12-11 - 12-18
J	03-20 - 03-27	06-19 - 06-26	09-18 - 09-25	12-18 - 12-25
* (Asterick) Denotes Maintenance Week … See details in the Covenants, Rights & Restrictions


PROJECTED ANNUAL BUDGET Crescent Shores # 1003 North Myrtle Beach, SC
January 1st, 2009
	Annual	Monthly Total	Monthly Per 1/13
Master Regime HOA	$8,040	$670.00	$51.54
Replacement Reserve & Contingency	$1,800	$150.00	$11.54
Property Taxes	$3,840	$320.00	$24.62
Electricity	$1,800	$150.00	$11.54
Housekeeping	$5,600	$466.66	$35.90
Insurance	$840	$70.00	$5.38
Management Fee	$3,900	$325.00	$25.00

TOTAL	Annual $25,820	Monthly Total $2,151.67	Monthly Per Share $165.51 Annually Per 1/13th $1,937.82


All budget figures are good faith estimates based on current information. Actual expenses, including taxes and insurance, may vary. "Owner's Quarters" is a Registered Fractional Ownership Plan approved by the SC Real Estate Commission.

CRESCENT SHORES FEATURES ♦Spacious 4 bedroom, 4 bath villa that sleeps 12: 2 King beds, 2 bedrooms with 2 Queens each ♦Wide entry foyer with decorative chair rail ♦Entire villa has coordinated custom paint and wall paper ♦Professionally decorated and complete with 400 thread count Pima cotton bed linens and 100% ring-spun cotton bath and beach towels ♦Luxurious granite countertops, backsplash and breakfast bar in the kitchen ♦ Fully appointed kitchens including washer, dryer and all small appliances ♦ Master Bathroom features whirlpool tub with granite surround and large glass-enclosed separate shower ♦ All baths are featured with granite countertops ♦Siding glass doors from both the living room and master bedroom providing access to expansive oceanfront balconies ♦ Ceramic tile foyer, hallway, kitchen and baths ♦ Home Stereo radio in living area with iPod docking station ♦ Wireless Internet access ♦ 110 ft. oceanfront pool ♦ 200 ft. Lazy River ♦2 Oceanfront hot tubs and kiddie pool ♦ Indoor pool ♦ Exercise/Fitness room ♦ Sunning deck with direct beach access

"Owner's Quarters" is a Registered Fractional Ownership Plan approved by the SC Real Estate Commission. This is not intended to be an offer to sell nor a solicitation of offers to buy real estate in South Carolina by residents of any other jurisdiction where prohibited by law MARKETING BY DRAKE DEVELOPMENT COMPANY USA 300 17th Avenue South ♦ N. Myrtle Beach, SC 29582 Toll-free: (888) 280-5743 Local: (843) 280-5743 Fax: (843) 839-2415