Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Timeshare Ownership Transfer Letter?

My timeshare resort is asking for a notarized Timeshare Ownership Transfer Letter? Is there an example of what this letter should contain?

jameshogg's picture
jameshogg | Joined: December 20, 2005 02:58 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi delaney,

A timeshare can be transferred to someone else with the help of a [url=http://www.mortgagefit.com/quitclaim-deed.html]quit claim deed[/url]. You can get sample quit claim deed forms from the given page:
http://www.mortgagefit.com/predeal/quitclaim-stateforms.html

However, for a notarized Timeshare Ownership Transfer Letter, you'll have to take the help of an attorney.

Thanks

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 03:06 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

The Resort said a quitclaim deed was not necessary. All that was needed was and OTL (letter stating we were seperating our membership and each would retain 1 Unit/Week) and it needed to be notarized. We don't have deeds for our timeshare. We have membership agreements. ???

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 03:06 | Post subject:

smith.sussane's picture
smith.sussane | Joined: September 18, 2008 09:57 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi Daphne!

Welcome to forums!

As James has suggested, you need to contact an attorney in order to get the Timeshare Ownership Transfer Letter drafted and notarized.

Feel free to ask if you've further queries.

Sussane

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 03:06 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Here's the thing,

My husband and I have separated and are in the midst of settling issues (if possible). We jointly are deeded to a timeshare. It is for sale however, I do not want to pay any maintenance fees as we had a verbal agreement that he would take care of fees since separation and be the sole user and has been. Fees are now do and he is coming with his hand out. By the way, verbal agreements are just spit in the wind. I need a legal document that says..... he will be the sole payee and benefactor (when it sells). my name will remain on it for simplicity and cost efficiency purposes however I do not want to be responsible for any payments from here on in and he is agreeable to this with the correct documentation. I have contacted a lawyer who said they can draft said letter however they will not represent both of us thus we will both have to retain a lawyer which we are not interested in. So I need to draft an appropriate letter covering both of us to be signed infront of and by a notary. Where can I find an example of such letter?

Lola

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 03:06 | Post subject:

sara's picture
sara | Joined: July 5, 2006 03:16 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi Lola,

It is difficult to get a a sample of such a letter. It is your attorney who will help you in drafting such a letter. You will have to contact the attorney for the same.

Take care.

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 03:06 | Post subject:

Page loaded in 2.769 seconds.