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Timeshare change of ownership

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Jpgiovannucci Guest	Posted: Wed Nov 18, 2009 7:35 am    Post subject: Timeshare change of ownership Like 0 Dislike 0 My mother & deceased father are the owners of a timeshre in Buena Vista,Fl. My mother wants to put the timeshare under my name. FYI:Same last name. The timeshare is Sheraton Vistana. The week/unit/property is paid off. Maintenance fees are all she pays besides taxes. What steps do you recommend to complete the change of ownership & conveying the financial responsibility? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jheard Moderator Joined: 12 Dec 2007 Posts: 734 Location: Houston, TX 116.72 Dollars($)	Posted: Wed Nov 18, 2009 7:43 am    Post subject: Like 0 Dislike 0 A timeshare is a real property interest like a house. You will have to use a deed and record it in the county recorder where the property is located. Since your father is deceased and can't sign the deed, you will need a court order to transfter the property interest. Depending on your locality, you may be able to do an Affidavit of Heirship. Check with a local probate or real estate lawyer with questions. _________________ Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.

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