Which type of ownership is this?

This is real and legal ownership and the main difference with timeshares.

Blockx Fractional Ltd. owns each property that is offered with fractional ownership. When you purchase a fraction of a property through Blockx Fractional Ltd., you’ll receive a Fraction Holder Agreement.

This agreement will be certified by the Gambia Ministry of Justice to secure legal ownership.

In this agreement, Blockx Fractional Ltd. is designated as the ‘fraction selling’ party, while you, as the buyer, are the ‘fraction buying’ party. This structure allows us to maintain full control over the management of fractional properties and ensures quality property and rental management plus clarity and transparency for all parties involved.