Update on: Four Seasons Residences

Set to break ground in June of 2006, the Four Seasons Residence Club Vail will be accepting reservations as early as mid-summer.

The fully refundable deposit is expected to be up to $20,000 and contracts on individual deeded shares are expected within 90 days of initial reservation date. Currently there are 228 total fractional interests slated to be sold in phases (prices will increase with each phase). Eight 2 bredroom units, eight 3 bedroom units and three 4 bedroom units will each be divided into 1/12th interests. Annual dues (still to be announced) will include: Real Estate Taxes, property and liability insurance, utilities, housekeeping, common area and interior maintenance, replacement reserves, reservation and reciprocal use fees and Four Seasons Management.

Final pricing and floorplans are still to be released.

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