Owning partnership interests on Hollister Ranch is different than other areas in Southern California. When you own Hollister Ranch real estate you can own a portion of the 100 acre parcels. The partial interests are most commonly owned in either partnerships or tenants in common ownership. The parcels that are sold in partial interest are in usually a ½, 1/3, 1/6 or a 1/12 share of the partnership. The partnerships are governed by partnership agreements and the TIC’s are governed by Tenants in Common written agreements. The majority of the Hollister Ranch homes for sale are on at least a 1/3 interest in a partnership or in a tenants in common agreement. You would have to buy at least a 1/3 interest or more in the parcel to own a home on Hollister Ranch.
Please let me know if you have any questions about Hollister Ranch homes for sale or Hollister Ranch real estate.