| A first in Ontario, Norwood Resorts Inc., | | | | immediate occupancy opportunities depending |
| launched this summer, offers fractional | | | | on their schedule choices. |
| ownership in a variety of vacation properties | | | | |
| in the Collingwood area. With choices ranging | | | | Fractional ownership means that vacation |
| from chalets and custom-built 705-homes, to | | | | dollars reflect a purchaser's actual time of |
| log cabins, condo villas and even condominium | | | | use of the vacation property. Freedom from |
| suites in several resort-style locations, a | | | | maintenance and upkeep allows for a more |
| more diverse selection of the vacation | | | | relaxing visit in casually elegant |
| property market will be able to zero in on | | | | surroundings crafted with excellent quality |
| the perfect home style to suit their holiday | | | | and custom details. The ability to own two |
| needs. In addition, Norwood Resorts will | | | | consecutive weeks in different seasons |
| provide a broad range of services that will | | | | provides a significant benefit to the Norwood |
| provide exceptional comfort and convenience | | | | Resorts family of members. Each property is |
| to fractional ownership purchasers, as well | | | | owned and held in perpetuity exclusively by |
| as the opportunity to pursue various other | | | | the member owners, they are in control of |
| vacation options around the globe. | | | | what happens to their vacation home now and |
| | | | in the future. With fractional-ownership |
| The Norwood Resorts concept stands out from | | | | opportunities beginning in price from just |
| the competition in a number of ways, | | | | $30,000, there is something in the Norwood |
| beginning with choices that lie outside the | | | | Resorts portfolio for just about everyone. |
| parameters of a development or traditional | | | | |
| resort. Some purchasers will feel comfortable | | | | All Norwood Resorts fractional owners will |
| buying a one-tenth share in a | | | | belong to the not-for-profit owners' |
| multi-million-dollar ski chalet; others may | | | | corporation that owns and controls each |
| prefer to co-own a compact condo overlooking | | | | property. This corporation is also a member |
| the lake. All of Norwood Resorts vacation | | | | of the local condominium corporation that is |
| properties will be renovated and ready to | | | | ultimately responsible for the care and |
| occupy, so purchasers can actually see what | | | | upkeep of the exteriors of the villas and the |
| they are buying rather than attempting to | | | | grounds. |
| visualize from plans, and will enjoy | | | | |