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quitclaim deed

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Icon Mini Profile cdimitrijevic





Joined: 21 Oct 2009

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Post Posted: Wed Oct 21, 2009 2:19 pm    Post subject: quitclaim deed
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Can i use a quitclaim deed on my timeshare that is in the BWI Cayman Isalnds. In the magazine Timesharing Today there is an article about wanting out of a timeshare. I own the timeshare and the maint. fee is up to date.
Icon Mini Profile thewretched02





Joined: 23 Jun 2009

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Post Posted: Wed Oct 21, 2009 3:14 pm    Post subject:
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Who would you be quit claiming it to? There may be taxes applicable to the new owner. also, is it fully paid off?
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Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Location: Alaska
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Post Posted: Wed Oct 21, 2009 7:43 pm    Post subject:
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Hi cdimitrijevic!

Welcome to forums!

You can use a quitclaim deed in order to transfer the property to someone else. Once you transfer the property through a quitclaim deed, you'll have to notarize and record the deed at the county recorder's office where the property is located.

Feel free to ask if you've further queries.

Sussane
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