Shared or fractional ownership of private residences is a relatively new phenomenon, originating with condominium ski resorts in the 1990s. Since then, the number of "shared ownership" opportunities has blossomed: Destination Clubs (usually conveying use by membership rather than ownership,) Private Residence Clubs (typically ownership of luxury condominiums,) and Fractional Ownership are becoming more common and popular than ever. The following links may help acquaint you with this fast growing industry.