Timeshare Closings Made Easy Timeshare Transfer, Inc.
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Frequently Asked Questions
Simply complete our brief questionnaire. Timeshare Transfer will do the rest.
 
 
 
 
All information provided online is secured by way of a secure SSL connection with your browser.
 
 
 
 
Only information required to complete the transfer will be requested. No information is released or shared with anyone unless such information is required to complete the transfer.
 
 
 
 
If you still feel uneasy about providing the information online or have any questions about our timeshare closing service, we will gladly help you through the process over the phone and answer any questions you may have.
 
Toll Free: (877) 414 - 9083
Fax (Toll Free): (877) 849 - 0657
Phone: (772) 299 - 4242
Local Fax: (772) 299 - 5212
 
info@timesharetransfer.com
 
 
 
Timeshare Transfer, Inc.
1825 Wilbur Avenue
Vero Beach, FL 32960
What’s involved in a timeshare closing?
We take these steps for every timeshare closing:
 
  1. A proper transfer document is prepared.
  2. This document is sent to the Seller for execution with a copy to the Buyer requesting closing funds (to be held in escrow).
  3. The document is received from the Seller and reviewed for proper execution.
  4. The document is sent for recording in the State and County with required recording fees and transfer taxes.
  5. We receive the deed from Recording, and a copy is sent to the Resort with the Ownership Change Notification Letter.
  6. Finally, the original recorded deed is sent to the new owner for safekeeping.
 
 
How long does it take?
There are two answers to this question:
 
  1. After we have confirmed with both parties and have received all necessary documentation to commence transfer, the documents should be mailed to both parties within 5-7 business days.
  2. The second part of the question is a function of how long the County in the State where the property is located takes to record a deed. Some counties have a turnaround time of 1 week – others can be months in processing. We know these counties, and submit special recording instructions so that your closing can move forward in spite of these timelines. Expedited recording services are available in certain counties for a nominal charge.
 
 
I’m the Seller. When will I get paid?
You will be paid upon receipt of the following:
 
Deeded Property
  • Your properly executed deed transferring ownership; and
  • The Buyer’s purchase funds (pending any instructions to the contrary).

Memberships or Right to Use Properties
  • The properly executed transfer documents;
  • The Buyer's purchase funds
  • Confirmation by Resort of completion of transfer.
 
 
I’m the Buyer. How are my purchase funds held?
We request your Official Bank Check to be made payable to our Timeshare Transfer Escrow Account. This is a separate, non-interest bearing Escrow Account where your funds are held in safety pending receipt of transfer documents and/or satisfaction of the terms of your negotiations with the seller.
 
 
Do I have to pay recording fees and transfer taxes?
In most cases, no. Our service includes payment of all State and County recording fees and transfer taxes (up to $50.00). This amount covers recording fees in the majority of states/counties. If your recording fees are in excess of this amount, your closing agent will advise you.
 
 
I think my Resort charges a Transfer fee. Who is responsible for paying this fee?
Some resorts charge a transfer fee to process the paperwork. This fee is negotiable between Buyer and Seller. Just let us know who’s responsible. We’ll collect the fee and send it to the Resort along with our documentation of transfer.
 
 
Is Title Insurance included?
Our fee does not include Title Insurance. Title Insurance is currently offered for Florida and Hawaii properties only for $250.00.
 
 
How do I know if maintenance fees and taxes are current?
You may request an optional Estoppel Letter (investigation as to status of fees and taxes) from your Closing Agent. The fee for the Estoppel Letter is $25.00. Many resorts will provide this information to individuals and we encourage you to do your due diligence without having to incur additional closing costs.
 
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Copyright © 2002 Timeshare Transfer, Inc. All Rights Reserved. This web page is a public source of general legal information dealing with the services Timeshare Transfer, Inc. can provide for a flat fee. This web page is not intended to be a source of advertising, solicitation, or legal advice; thus the reader should not consider this information to be an invitation for an attorney-client relationship, and should always seek the advice of legal counsel in the reader's state or country.