How is Waypoints boat sharing different than time-sharing?
With Waypoints boat sharing, shareholders legally own a fraction of the asset, whereas with time share, members buy time of an asset.
Do I need to know the other shareholders?
It is not necessary for shareholders to know each other since all interaction will be through Waypoints.
How many days do I get on a boat?
You get up to 60 days annually, evenly and fairly divided throughout the year, as well as your portion of randomly selected peak days.
Is it possible to buy more then one share?
Can I sell my share?
Yes, but only at the end of year 2 or later.
Is my share inheritable?
Yes, since you legally own a share on this asset.
Will I be asked to pay anything else apart from the share price?
Yes, you always pay for your fuel, as well as any damages that occur during the time you were using the boat, if the degree of damage is not covered by the insurance policy.
Can I cancel my booking without losing my day?
Yes, cancelations are possible minimum 72 hours prior to your reservation.
Can anyone else use my boat in my absence?
By law, privately owned boats cannot sail without the presence of its owner or shareholder.
Does the boat share include a skipper?
No, but a skipper can be provided upon request for an additional fee.
What happens if the boat is not available due to maintanace or repairs?
If the boat is out of the water longer than 1 week, these days will be added to the end of the 5 year period.
Can I swap my days with other shareholders?
Yes this is a feature available on the booking app. / software.
Can I spend the night on my boat at sea?
Yes, If the size and the specs qualify for overnight stays, however 2 consecutive nights is the maximum allowed per booking.
Do I need to confirm my booking?
Yes, you will recieve a "request for confimation" email from the software prior to the booking.
How many people can I take on the boat?
Subject to the maximum number of passengers stated on to boat license, which varies to the boat specifications.
Can I charter my boat?
No, since this is a privately owned boat.