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Sectionalisation of a resort?

Tomg

TUG Review Crew: Expert
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For several years I have owned a fixed week at Sanbonani, a Gold Crown resort near Krueger National Park. I just received a notice the resort is being "Sectionalised". This will convert the resort from a"Share Block Scheme" to a "Sectional Title Scheme".

I'm not familar with the South African Legal terms. Does anyone know what this change means?

Tomg
 

Tomg

TUG Review Crew: Expert
TUG Member
Joined
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Location
South Dakota
Thanks Michelle

Thanks Michelle, took me a few days to wade through the legalize, but think I understand it now.
Tomg
 
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