Space Coast Laurie
TUG Member
- Joined
- Jun 8, 2005
- Messages
- 109
- Reaction score
- 3
- Points
- 378
- Location
- Leesburg, Florida, USA
- Resorts Owned
- Capistrano Surfside Inn (Capistrano Bch, CA), The Resort on Cocoa Beach (Cocoa Bch, FL)
Someone is giving me a timeshare week at a resort we enjoy visiting (and for which we would occasionally be able to enjoy day use). To keep our timeshare inventory at its current level (we only get so many vacation weeks a year), we are looking to give away one of our current timeshares. We have someone in Canada who may be interested in the timeshare we're giving away, and I'm wondering if anything would be different with the person not being from/in the U.S. (the timeshare is located in California).
For my last couple of timeshare transactions, including the timeshare I'm about to get, I verified all maintenance fees and special assessments were paid up, checked the county records to ensure there were no liens, wrote up the quit claim deed, the appropriate parties notarized it, we recorded the deed and paid the doc stamps to the appropriate county, paid the fee to VRI to register the transfer, and notified the resort... all the usual stuff you'd pay a closing company to do. I am not a lawyer, nor do I play one on TV, so I encouraged the other party to feel free to have a lawyer look over the quit claim deed (as an amusing aside, the person who's giving me the timeshare IS a lawyer and said the deed I wrote up looked fine).
Wondering if anyone knows of anything that would not be handled the same way if the person receiving the timeshare I'm giving away is not in the U.S. The resort said nothing would be different at their end. VRI said to ask a closing/title company, but I doubt I'm going to get much advice from them outside of "This is a complicated thing that you should allow US to do rather than doing it yourself."
For my last couple of timeshare transactions, including the timeshare I'm about to get, I verified all maintenance fees and special assessments were paid up, checked the county records to ensure there were no liens, wrote up the quit claim deed, the appropriate parties notarized it, we recorded the deed and paid the doc stamps to the appropriate county, paid the fee to VRI to register the transfer, and notified the resort... all the usual stuff you'd pay a closing company to do. I am not a lawyer, nor do I play one on TV, so I encouraged the other party to feel free to have a lawyer look over the quit claim deed (as an amusing aside, the person who's giving me the timeshare IS a lawyer and said the deed I wrote up looked fine).
Wondering if anyone knows of anything that would not be handled the same way if the person receiving the timeshare I'm giving away is not in the U.S. The resort said nothing would be different at their end. VRI said to ask a closing/title company, but I doubt I'm going to get much advice from them outside of "This is a complicated thing that you should allow US to do rather than doing it yourself."