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