You would not be penalised if you sell your shares to another person. However, should you wish to sell your shares back to the association, then you would be charged the following fees:
- Seller Premium of 2% of their Value
- Administrative Fees of R3.5 for every R100. This is to cover for bank charges and the administrative process of managing your exit. For example, if your value if R10000, then you would pay an administrative fee of R350 calculated as R10000/100 X R3.5
