FAQ, luxury rental
What is The Elan collection?

The Élan Collection is a Private Residence Club offering an exclusive, growing portfolio of distinguished vacation properties. The Élan Collection blends the flexibility of having multiple vacation destinations with the financial benefits of real estate ownership. Those who are fortunate to become Élan Owner-Members will experience the same luxury, exclusivity, and first-class service they are accustomed to enjoying at the finest hotels in the world.

 
What is a Private Residence Club (PRC)?

PRCs are the highest end of the shared interest ownership market. These clubs blend shared interest ownership with the exclusivity, privilege, and superior services enjoyed by members of the most elite private clubs. Although there are a few hotel-affiliated clubs with exchange rights at other sites, most current PRCs are single site properties.

 
How does “ownership” work?

Owner-Members at The Élan Collection purchase an undivided fee simple deeded interest in a luxury vacation residence of their choice. Whether they desire a luxurious mountain retreat in Lake Tahoe or a private oceanfront villa in Key West, Élan’s Owner-Members will experience all of the benefits of traditional real estate ownership, including:

  • Priority access to their primary vacation residence
  • Appreciation potential in their undivided interest in the residence
  • Assumption of title to their residence in any form they choose, whether it is a trust, partnership, or other structure
  • The ability to sell, will, or transfer their residence at their own discretion, at any time utilizing traditional real estate brokerage services

Beyond these advantages, Owner-Members may also stay at other properties within The Élan Collection on an available, flex-time basis.

 
What are the advantages of shared ownership?

Research demonstrates that typical owners of vacation residences use their properties four to six weeks per year on average.  Taking this into consideration, The Élan Collection affords our Owner-Members the opportunity to own a luxury vacation residence for a fraction of the price, while sharing the expenses of maintenance, property enhancements, property dues, and taxes with other Owner-Members. Additionally, they will have the peace of mind of knowing that The Élan Collection takes care of the details, from amenities and services to property management. Our Owners-Members simply come and go at their leisure, without the burdens associated with typical home ownership.

 
How often can I use my Élan Collection Residence?

All Owner-Members have guaranteed use each year of their Élan residence. The amount of time will be determined by each Owner-Member’s respective ownership interest, and will be administered through The Élan Collection Reservation System. Twice a year, Owner-Members will submit a priority time reservation request for their vacation residence. If they would like to stay at another property within The Élan Collection, they may exchange their guaranteed use rights for flex time. They will also benefit from unlimited additional access whenever space is available in their own residence, as well as the other residences within the portfolio, subject to the policies of The Élan Collection Reservation System.

 
Can I rent out my Residence?

No.  To respect the intimate and exclusive nature of The Élan Collection, rental of the residences is prohibited.

 
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Elan Team
About, private residence club