What happens if I want to end the contract early?
If you decide to end your contract with the AeroShares fractional ownership program early, before the 3-year commitment period is over, there may be certain consequences and fees associated with early termination, as outlined in your agreement. Some include:
Early termination fee: You may be required to pay an early termination fee, which helps cover the costs of managing and remarketing your fractional share.
Resale of your fractional share: AeroShares will typically attempt to sell your fractional share on the secondary market. Depending on market conditions and demand, this process may take some time.
Distribution of proceeds: Once your fractional share is sold, the proceeds, minus any applicable fees and expenses, will be distributed to you according to the terms of your agreement.
It's essential to review your contract and consult with an AeroShares representative to understand the specific implications and fees associated with early termination. They can provide guidance on the best course of action and help you navigate the process if you choose to end your contract early.