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Whatever your reason for
transferring your ownership interest,
pay careful attention to the
details of the sale.
Find out if you owe any outstanding fees and if they charge any fees for transferring the
timeshare. It is between you and the buyer to determine who will cover the transfer fees, but
you should pay any outstanding fees owed during your ownership of the timeshare
Provide the buyer with the resort's contact information, resort rules and location. This gives the buyer the opportunity to research the timeshare before signing any official transfer documents
Fill out a membership transfer application, if required by the resort,
before continuing with any legal paperwork
Create a money contract, which details the weeks in which the timeshare is
available, whether those weeks are fixed or floating, interest information, who is
responsible for maintenance fees, and any other relevant terms of the sale. This
contract should also include the names, contact information and signatures of the
buyer and seller
Contact the county clerk in the county where the timeshare is located to get a
new deed for the property.
Fill out the deed, have both parties sign in front of a notary public, and then make a copy of the signed deed for each party. It may be more comfortable for both parties to havean attorney assist you withcompleting the new deed.
Submit the original notarized deed to the county clerk's office, along
with any required recording fees or tax fees. The deed is then sent to the purchaser when it is recorded
with the clerk's office.
Submit a copy of the recorded deed to the timeshare management company, along with
a cover letter with transaction details, including the details of the timeshare,
purchaser contact information and social security numbers, who has the rights to the property and during which weeks, as well as
who assumes responsibility for timeshare maintenance fees.