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How does Joynt help us keep property use fair for everyone?

Joynt allocates time through a shared calendar so the house isn’t first-come, first-served. Your ownership percentage determines how much time you get. You can use, skip, or trade your time.

 

Overview

On Joynt Pro, time at the home is allocated through a shared system, then booked on the calendar. Fairness comes from each owner starting with their share of time, not from everyone using the house the same amount.

  • Each owner gets a share of available time. You can use it, leave it unused, or trade it with another owner.
  • During your reserved time, the property is yours to use. Access does not depend on who books first or who lives closest.
  • Using more of your own time does not give you more ownership, and using less does not take ownership away. Shared bills still follow ownership, not nights stayed.
  • Some costs do follow use. Cleaning after a stay is billed to the owner who used the home. Damage caused during your stay is yours to repay.
  • Nobody can take another owner’s reserved time. If they do, they can be removed from the property, charged for those days, and the owner who lost their time can be compensated.
  • The group can add house rules for things like pets, guests, smoking, and ages, by majority vote.

 


 

Usage is managed through a defined system.

The Operating Agreement requires Joynt to provide a Usage Allocation System for allocating, reserving, and assigning periods of use.

task-orangeFrom the Joynt Operating Agreement

“Joynt shall provide a system (the ‘Usage Allocation System’) for allocating, reserving and assigning use periods.”

The important idea is that access to the property isn’t supposed to depend on who books fastest, who lives closest, or who happens to use the house most often.

There is a defined system for determining whose time is whose.

 


 

During your assigned time, the property is yours to use.

Each ownership interest has the exclusive right to use the property during the periods assigned or reserved for it through the Usage Allocation System.

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From the Joynt Operating Agreement

“Each Membership Interest shall have the exclusive right to use the Property during each period when the Property has been assigned to it, or reserved by it, under the Usage Allocation System.”

During that time, the owner can generally use the property personally, exchange the time with another owner, or allow an eligible guest to use it subject to the agreement’s rules.

So the agreement protects the right to use your allotted time, rather than requiring everyone to actually spend an identical number of nights at the property.

 


 

You don’t have to use every day available to you.

Nothing in the Operating Agreement requires an owner to personally occupy the property for every period assigned or reserved for their ownership interest.

That means one owner might make frequent use of their available time while another owner uses relatively little.

The owner who uses less does not automatically receive a financial credit, and the owner who uses more does not automatically owe the others additional money simply because they personally spent more nights at the house.

The agreement generally allocates Mandatory Expenditures according to each owner’s Percentage Interest, with mortgage obligations allocated according to Shared Debt Percentages when applicable. It does not say those expenses fluctuate based on how many nights each person actually stays at the property.

In other words, ownership costs and actual nights spent at the house are not automatically reconciled against one another.

 


 

Owners can voluntarily exchange their time.

If one person wants more time and another expects to use less, the Operating Agreement specifically allows owners to exchange usage rights.

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From the Joynt Operating Agreement

“A Member may exchange all or any portion of their usage rights with another Member.”

The agreement also makes clear that when usage is exchanged, the responsibilities associated with that usage move with it.

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From the Joynt Operating Agreement

“When a Member receives usage through an exchange with another Member, the Member receiving the usage shall be deemed to have assumed all usage-related responsibilities and the Member who relinquished the usage shall be deemed to have been released from all such responsibilities.”

That gives the group flexibility without having to informally rewrite the ownership arrangement every time someone wants an extra weekend.

If you know you won’t use some of your time, you can exchange it with another owner rather than simply letting it sit unused.

 


 

Using more time doesn’t mean owning more of the property.

Actual usage does not change an owner’s Percentage Interest under the Operating Agreement.

Someone who happens to spend more nights at the house does not earn additional ownership simply by using it more frequently. Likewise, someone who uses the property less does not give up part of their ownership interest simply because they haven’t been visiting as often.

Percentage Interests are identified separately in the Operating Agreement and are used for purposes including allocating certain property expenses and voting power.

Usage rights are part of the ownership structure, but actual occupancy is not the same thing as ownership percentage.

 


 

More frequent use may mean more usage-related costs.

Although simply staying more nights does not automatically change an owner’s share of the property’s general expenses, some costs are directly connected to use.

One clear example is cleaning.

The Operating Agreement requires the Management Coordinator to arrange for professional cleaning and inspection after each usage period. The shared LLC initially pays the service and then bills the owner responsible for the cost.

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From the Joynt Operating Agreement

“The Management Coordinator shall arrange for a professional service to clean and inspect the Property after each usage period. The Company shall pay such service using Company Funds then bill the Member responsible for payment.”

So an owner who uses the property more frequently may naturally incur more of certain usage-related costs even though the group’s core ownership expenses remain allocated according to the agreement.

 


 

Damage caused during someone’s use doesn’t automatically become everyone’s expense.

The Operating Agreement also separates ordinary shared property expenses from damage caused by an owner or someone using the property through that owner.

If damage or loss occurs because of an act or omission by one owner’s permitted user, that owner becomes the Responsible Member and must repay the shared LLC for the full cost of repair or replacement.

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From the Joynt Operating Agreement

“When damage or loss to the Property or to Company Personal Property occurs because of an act or omission by a Member’s Permitted User, such Member shall be deemed the Responsible Member and, notwithstanding anything to the contrary in this Agreement, shall repay the Company for the full cost of repair or replacement.”

So frequent use does not itself create an additional charge, but the person responsible for damage caused during their use can be held financially responsible for it.

 


 

There’s a big difference between using more available time and taking someone else’s time.

The Operating Agreement draws a much firmer line when an owner or their guest occupies the property when that owner is not entitled to possession.

That is treated as wrongful possession.

The agreement defines a Wrongfully Possessing Member as an owner whose permitted users are at the property when that owner is not entitled to possession.

Someone who is wrongfully at the property can be subject to removal, eviction, or ejection.

And there can be significant financial consequences.

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From the Joynt Operating Agreement

“A Wrongfully Possessing Member shall pay to the Company, immediately upon demand: (i) all costs and reasonable attorney fees incurred in connection with removal, eviction or ejection of the person(s) wrongfully in possession of the Property; and (ii) fair market vacation rental value of the Property for each day, including the day of surrender, during which the Wrongfully Possessing Member has effectively prevented use and occupancy by other Members’ Permitted Users.”

Those amounts are charged to the responsible owner through a Reimbursement Assessment.

 


 

If someone takes another owner’s reserved time, the affected owner can also be compensated.

The agreement goes a step further when wrongful possession actually prevents another owner from using time that had been assigned or reserved for them.

If the shared LLC successfully collects the fair-market vacation rental value from the owner who wrongfully occupied the property, the affected owner receives the amount collected for each unusable night, after applicable collection costs.

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From the Joynt Operating Agreement

“When the period during which the Property is wrongfully possessed had been assigned to a Member, the Company shall pay to such Member the amount, if any, that the Company successfully collects from the Wrongfully Possessing Member for each unusable night of the assignment or reservation, net of any collection costs.”

So the agreement does more than say, “Everyone should respect the calendar.”

It creates an enforceable consequence when someone’s improper use actually prevents another owner from using their time.

 


 

Your group can also establish additional house rules.

Every property and ownership group is different.

The Operating Agreement allows the owners to create, change, or eliminate additional use rules with Majority Approval. Those rules can cover topics such as pets, smoking, guest limits, minimum user ages, and other expectations around using the property.

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From the Joynt Operating Agreement

“The Company may establish, modify, and eliminate, other use rules, including (but not limited to) ones related to smoking, pets, maximum number of guest, and minimum age of users, with Majority Approval.”

That gives your group a way to address practical issues that may emerge as you actually begin sharing the property.

 


 

What if the group wants to change how usage works?

The Operating Agreement establishes the Usage Allocation System, but it does not provide a detailed formula in Article 3 for exactly how many days each owner receives, how prime dates are divided, or how unused time is redistributed.

Those mechanics are handled through Joynt’s Usage Allocation System rather than spelled out in this version of the Operating Agreement.

That means it would be inaccurate to say, based on the OA alone, that every owner automatically receives an equal number of days or that usage necessarily corresponds one-for-one with ownership percentage.

What the agreement does establish clearly is that once a period has been assigned or reserved through the system, the applicable ownership interest has the exclusive right to that period.

 


 

The bottom line.

One person spending more nights at the house isn’t necessarily a problem.

The important question is why they’re using it more.

If they are simply making greater use of the time legitimately available to them, or receiving additional time through exchanges with other owners, the Operating Agreement allows that flexibility.

They do not automatically gain more ownership because they use the property more, and another owner does not automatically lose ownership because they use it less.

But nobody gets to simply take another owner’s time.

Joynt’s structure gives the group a system for allocating and exchanging usage, protects each owner’s exclusive rights during assigned periods, assigns certain usage-related costs and responsibilities to the person using the property, and provides meaningful consequences if someone occupies the house when they aren’t entitled to.

You don’t all have to use the house the same way. You just need a clear system that makes everyone’s time count.

Important Disclaimer

The information provided in this FAQ section is for general informational purposes only. All information on the site is provided in good faith, however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the site.

Joynt is not a law firm or an accounting practice and does not provide legal or tax advice. The content of these FAQs is not intended to be a substitute for professional advice. We strongly encourage you to consult with a qualified attorney and a licensed tax professional to address your specific needs and circumstances before making any decisions based on the information provided here.

Your use of this website and the information contained herein does not create an attorney-client relationship between you and Joynt or any of its employees.

 

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