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Transferring ownership to a family member

Discussion in 'Marriott Vacation Club' started by dfeetham, Jul 17, 2017 at 11:55 AM.

  1. dfeetham

    dfeetham Guest

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    I want to transfer ownership to a family member who owns Marriott timeshare.
    I own at the surf club. Can I call Marriott to make the transfer or do I have to go through a lawyer to do so.
     
  2. Hi I'm new here

    Hi I'm new here Guest

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    Do they want this timeshare? Not everyone would consider it a "gift" because of the very high maintenance fees. I just read an article about a recipient refusing a timeshare bequeathed to him in a will.
     
  3. silentg

    silentg TUG Review Crew: Expert TUG Member

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    Assuming they want the timeshare. You can contact LT Transfers. We have used them many times, very efficient and not expensive. http://www.lttransfers.com/
    Silentg
     
  4. tschwa2

    tschwa2 TUG Member

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    If it was a US timeshare, I could tell you exactly what you need to do. Since its Aruba, different procedures will apply. You will need someone/thing more than just going through Marriott and the normal US transfer companies like LT probably won't be able to help but you can contact them just to see.
     
  5. rickxylon

    rickxylon Guest

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    I think you can just add their name to the deed for about $100. Got that info from a call to MVCI Owner Modifications a few months ago. I haven't started the process yet. They will send you the necessary forms and instructions.
     
  6. dneveu

    dneveu TUG Member

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    Based on our exoerience, If you have a developer week and the transfer is made from parent to child then it will retain all original benefits. If it is a developer week but transferred to a family member other than a child the original benefits will likely be lost.

    If it is a resale week than it does not matter.
     
  7. m61376

    m61376 TUG Member

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    I think if it is an enrolled resale week, however, then the benefits of enrollment transfer to children as well.
     
  8. kds4

    kds4 TUG Member

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    I also believe that is correct.
     
  9. Dean

    Dean TUG Member

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    I think it has to be gratis for the benefits to transfer.
     
  10. hangloose

    hangloose Guest

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    Is this correct, for certain?

    Parent to Child is the only relationship accepted in order to keep original developer purchased benefits. No Brother to Sister, or Uncle to Nephew?

    I assume the only place this needs to be documented is on the Domestic External Transfer Form?
     
  11. hangloose

    hangloose Guest

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    For U.S. Domestic timeshare, if doing yourself... is this the process?
    1. Transferor Changes Deed In Respective State/County To Show Transferee Name
    2. Transferor & Transferee Fill Out Marriott Domestic External Transfer Packet Form
    3. No ROFR Required if "Gift" (Gratis).
    Is it this simple, what else?

    -
     
  12. dneveu

    dneveu TUG Member

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    Yes in our experience it was documented on external transfer form.

    Our experience: Parents had 2 developer units and gave 1 to each kid. Those retained full benefits. Few years later my brother no longer wanted his unit. We listed proper relations on new transfer forms - between siblings. Unit was transferred and Full benefits were denied as marriott said relationship must be parent to child to retain benefits. Meant unit could not be traded for MR points and could not be enrolled in DC club as transfer was completed about 2 months after DC club start date. While marriott could see all the history from the transfers in their systems they were firm that the last transfer between siblings released all rights per their contracts which allow only for parent to child transfers to retain rights.

    You may wish to check ownership documents or call MVCI owner services
     
  13. SueDonJ

    SueDonJ Moderator

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    Based on TUGger BocaBoy's extensive experience, I've also understood that parent-to-child is the only accepted relationship. If I'm remembering correctly he talked about it in terms of "following bloodline."
     
  14. pwrshift

    pwrshift TUG Member

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    Don't taxation matters arise in a transfer or sale?
     

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