If you're unfamiliar with co-ownership, you may have a lot of questions. From finding the right property to planning your first stay, you'll find the answers here.
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About the Flyway model
Do I really have ownership in the home?
Can I finance my purchase?
What services does Flyway provide after the sale is closed?
Does my share increase in value?
What if I want to sell my share?
Is Flyway a timeshare?
Home Management & Operations
Who furnishes and equips the home?
What is the role and responsibilities of my assigned Flyway Concierge representative?
How can I contact my Flyway Concierge representative?
Legal & Policies
What Flyway policies must owners adhere to?
Does this work like a regular real estate transaction?
Can owners rent out their time on Airbnb or similar sites?
What if one of my co-owners misses a payment or gets behind on their bills?
What if another owner damages the home?
Can I keep personal items at home?
Can I bring pets to the home?
The Buying Process
What are the steps if I am interested to become a Flyway co-owner?
I’ve decided I want to buy a share in a Flyway home. What’s next?
Understanding Stays
How do I book a stay in my Flyway?
How are stays tracked and how far ahead in the future can I book?
What types of stays I can book?
How long can stays be?
How many booked stays can I have at any given time?
Can I book back-to-back stays?
Can I carry over my annual allowance to the following year?
What if I need to cancel a stay that I've booked?
Other Scheduling Inquiries
Is there any High Season period?
What if multiple owners submit a short-notice stay request at the same time? Who will be given the house?
Are all stay requests accepted? How am I notified of the status of my request?
What is time of arrival and departure for owners?
Limited Company (LTD) Structure & Funds
Where do reserve funds go and how are funds used?
Can Flyway borrow against the property's LTD?
What kind of Limited Company does Flyway create?
Is Flyway the same as a "Tenancy in Common"?
Can owners use an LTD/LLC trust to purchase their Flyway?
Can owners decide to run the LTD without Flyway?
How can owners use the reserve funds?
Flyway’s Role & Fees
Can Flyway raise monthly operating expenses?
Does your LTD asset management fee go up each year?
Can Flyway make changes to the owner operating agreement?
What if another owner defaults? How does Flyway protect me as an owner?
Does Flyway pay the legal fees if the LTD is sued?
Can Flyway stop me from selling?
What is considered a "Routine Matter" that Flyway can resolve without ownership voting
Who is responsible if something breaks?
How do taxes work?
How is the deed recorded?
What if an owner doesn't pay monthly expenses?
Home Digital Key
What is the Digital Key?
How does my Digital Key work?
How can i access my Digital Key?
Is it safe to use a Digital Key to access my Flyway Home?
What if I have problems accessing my home with the Digital Key? Will I have an alternative Door Code?