Buying Timeshare

SELLERS:

As a seller of a timeshare week/s, we offer a FREE listing service. Once you have registered your week for sale, you can expect your week to be listed on our website, furthermore, we will offer your week directly to the thousands of subscribers to our newsletter on a fortnightly basis. We spend a lot of time, effort and capital in achieving our marketing goals, in exchange for our efforts and our free listing service, we require a three month sole mandate on all weeks listed with our Company.

BUYERS:

As you can see above, the weeks that are listed for sale on our site, are done so on a three month sole mandate basis, therefore, the listed inventory is exclusive to Timeshare Sentinel. In addition to this, all the weeks displayed on our website have a clean bill of health in respect of levy, initial purchase price, clearances and ownership verification.

Right from your initial enquiry to receiving your Share Certificates as proof of ownership, you can always count on a friendly, knowledgeable and efficient experience with the Timeshare Sentinel team.

Please browse through our timeshare weeks for sale. When you identify an option that suits your needs, simply click on the enquire button with the details of the relevant week and we will respond to your enquiry promptly.

Once you have decided to invest, the following process will take effect. Timeshare Sentinel will distribute all the necessary documentation to the relevant parties and submit these for processing.

On completion of the paperwork, you will be required to deposit the agreed funds into a Trust account. Please note that the funds will be paid across to the seller upon confirmation of the successful transfer of ownership into the buyer’s name.

By far, the majority of Timeshare resorts in South Africa operate on a Shareblock ownership system, therefore the documentation required is a simple Cession Agreement whereby the current owner (cedent) cedes his rights, title and interest in the Shareblock Company to the buyer (cessionary) who accepts – a CM42 transfer of shares form is also completed. This process curently takes approximately 8 to 10 weeks for timeshare transfers to be registered.

Should the resort you wish to invest in operate on a Sectional Title basis, we will supply all the relevant documentation for completion and submission. This process takes approximately 10 to 14 weeks for transfer as the documentation must be lodged with the Deeds Office.

If you cannot find what you need on our site, please Contact Us with your preferred region or resort, size of unit to suit your needs as well as the time of year you require and we will do our utmost to source the week/s for you.

Buying or selling timeshare privately? We can assist you with the transfer process by distributing all the required documentation to the buyer and seller as well as the submission of the paperwork to the correct entities. Over and above the standard  costs and resort transfer fees applicable, we charge a flat rate of R1,995 per week for this service. We will supply fortnightly updates on the progress of the transfer process.

Furthermore, we are only willing to assist on condition that the buyer deposits the funds into a nominated trust account.  Regrettably, transfer assistance is only available to owners of conventional timeshare weeks.

Please contact us should you wish to make further enquiries about this service.