Our office does not provide legal counsel on the acquisition, sale or transfer of ownership of Timeshare properties. However, we are often asked to assist timeshare buyers and sellers; here is our general advice on timeshare transfer.
- Check the timeshare contract and contact the management company for the policy and procedure for transferring title to your share. The seller may be subject to terms and restrictions such as a right of first refusal. In which case the timeshare association may have the right to purchase the share before it is offered to the public or a private buyer.
- Ensure that the transfer price is fair and reasonable.
- Confirm that the seller is the lawful owner and that they have authority to sell.
- Retain the services of an independent company or firm that will coordinate the transfer of title of the ownership according to the applicable state law.
- NEVER wire or send any funds without being absolutely certain of what the funds are for and to whom they are going. The timeshare transfer industry is ripe with fraudulent and criminal activity.
Resources:
Timeshare resources: myresortnetwork.com/
What is my timeshare worth: www.myresortnetwork.com/timeshare-market-value.asp
Timeshare Closing Services: timeshareclosingservices.com
Timeshare Closing Services: esortclosings.com/
Timeshare Litigation Attorney: aaronsonlawgroup.com/