FAQ
All buyer disclosure details live in a neatly organized Dropbox folder here. Think of it as your behind-the-scenes briefing before you step into ownership at The Albion.
WHAT DOES FRACTIONAL OWNERSHIP AT THE ALBION ENTAIL?
Fractional ownership means you’re teaming up with a handful of like-minded owners, splitting the home and the annual costs that keep it running smoothly: maintenance, insurance, all the unglamorous stuff that makes the glamorous stuff possible. Your share is legally deeded, giving you real ownership in the property.
HOW IS FRACTIONAL OWNERSHIP DIFFERENT FROM TIMESHARE?
They’re very different animals. Fractional ownership gives you an actual, deeded percentage of the home itself: real bricks, real mortar, real ownership. A timeshare, on the other hand, only buys you time, not a piece of the property. Great for calendars, not so great for actual ownership.
HOW MANY WEEKS ARE INCLUDED IN ONE-SHARE FRACTIONAL OWNERSHIP AT THE ALBION?
One share gets you six glorious weeks a year to make The Albion your home base. Each residence is split into eight shares total, with a little time blocked off for the necessary tune-ups.
HOW MANY FRACTIONAL SHARES CAN I OWN?
One share is great. Two? Even better. Ten? Why not. Your basecamp, your rules. There’s no limit to how many Albion shares you can own, whether you’re stacking weeks for yourself or turning them into rental gold.
HOW DO I SCHEDULE THE DATES WHEN I WANT TO ENJOY THE PROPERTY?
Picking your weeks at The Albion is a bit like calling dibs on the best ski runs: fair and square. Dates are scheduled three times each year on a rotating priority basis, so everyone gets their turn choosing the most coveted weeks.
CAN I SELL MY OWNERSHIP OF THE PROPERTY?
Yes, your share is fully deeded and transferable. Whether it’s time for an upgrade or a new adventure, selling your piece of The Albion is totally in your hands.
WHO IS REEF?
Reef has built over $2 billion in one-of-a-kind lifestyle destinations from Deer Valley and Park City to Telluride, Southern Utah, and beyond. Known for visionary design, precise project management, and world-class construction, they don’t just build properties; they craft experiences that last.
WHEN WILL THE AMENITY SPACES BE COMPLETED?
The amenity spaces are on track to be ready in 2026. Just enough time to plan your first après or rooftop moment.
WHAT IS MARCELLA ON MAIN?
Marcella on Main is a private lifestyle club, created to elevate the Park City experience with curated amenities, thoughtful services, and signature social spaces. Included in your home purchase, membership to Marcella on Main is your VIP pass to everything Marcella across The Albion, including exclusive perks like personalized ski valet, entry to the ski lounge and Sky Deck, and other experiences designed just for owners.
WILL OWNERS BE ABLE TO ACCESS THE AMENITIES EVEN WHEN NOT IN RESIDENCE?
Even when you’re not in-residence at The Albion, the amenities are still YOURS - year-round. Owners (plus immediate family under 26) can enjoy lounges, the Sky Deck, pool, sauna, or ski valet. Guests? They’re invited too, with a small “Accompanied Guest Fee.”
ARE THE RESIDENCES BEING SOLD FURNISHED?
Furnished from top to bottom, every Albion home comes with cozy furniture, linens, and fully stocked housewares, including pots, pans, dishes, silverware, and more. All that’s missing is you.
ARE RENTALS ALLOWED?
Yes. Owners have the choice to join a rental program, turning their residence into extra income when it’s not in use.
WHO IS MANAGING THE RENTAL PROGRAM?
While we’ll have a go-to rental management partner, you’re not locked in — owners can pick the program that works best for them.
ARE PETS ALLOWED?
Pets aren’t on the guest list at The Albion, except for licensed service or emotional support animals.
IS PARKING AVAILABLE FOR OWNERS?
One parking spot is always yours when you’re in residence. Need a second? You can request it, and we’ll always do our best to accommodate if we can. When you’re away, your spot takes a vacation too, so plan accordingly.
IS STORAGE PROVIDED ON-SITE WHEN NOT IN RESIDENCE?
Storage is provided on site, with each 1/8th share owner given a 28 gallon tote for general storage and additional ski
WHAT IS THE SALES PROCESS?
Owning at The Albion starts with a 10% Earnest Money deposit within four business days of signing. Then comes a 14day Due Diligence period to dot your i’s and cross your t’s. After that, the deposits become non-refundable, and the remaining 90% is due at Closing — your official step into the club. Popping the champagne is an optional (but highly encouraged) final step.
WHAT IS REEF 365?
Reef 365 is your year-round passport to the wider world of Reef Destinations. It opens the door to exclusive privileges across our global portfolio, plus insider access to our Reef Global Partners, curated travel experiences, and one-of-akind events. It’s an invitation to explore more freely and discover a community that travels the world with the same spirit you bring to life at The Albion.