Pine River cottage. Partnership of 22 acres m/l with approximately 2500 ft of pristine Pine River frontage. Completely renovated 1BD cabin in great condition within 20 ft of the river. Excellent fishing - wonderful wilderness retreat. Club membership of $2500 required. The cabin is 'wholly owned' by the purchaser, just the land and improvements are shared. This association setup is similar to condo regs., and similar to some of the retirement communities in Florida. The land is company owned. The 'company' is comprised of the owners. It is organized per state law, with yearly meetings and regulating officers. In the case of a non-resident vacation property, the advantages far out-weigh the negatives! See "Associated Docs" for more details.
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