An overview of the Property Time-Sharing Control Act and the Vacational Ownership / Time-Share industry. Part 1
Property time-sharing became very popular in South Africa in the 1980s and later, the use of the point-system as an alternative to Time-Sharing schemes which offered fixed accommodation for a specific time during the year. The point-system gave members more flexibility in their choice of holiday accommodation. The need to create legislation to regulate the […]