I'm looking to give away my Timeshare and am looking at what kind of attorney I need to close on a Timeshare, recommendations, and any other pointers. I'm guessing the attorney will likely need to be in the same state as where the Timeshare is located.
You don't need an attorney
at all, unless your timeshare is in South Carolina. There are numerous "closing companies" that will handle the entire transaction for you for about $200 (plus whatever transfer fee the resort itself might impose). A favorite closing entity among folks here is LT Transfers, located in Cleveland, GA (
http://www.lttransfers.com). And no, the closing entity need
not be in the same state as that in which the timeshare is located.
Finding a willing (and legitimate) recipient for your timeshare is your first and biggest obstacle; that part of the process is entirely
your responsibility. The transfer procedure itself is relatively straightforward when left to those who handle details of such matters every day --- and for less money than you would have to pay any attorney. The closing entity will prepare and record a new deed once you find yourself a new, legitimate "grantee" and the closing entity will notify the resort of the ownership change later by providing a copy of the new recorded deed to the resort.
Before "advertising", you would be wise to conclusively determine whether your resort charges a "transfer fee". Your profile indicates a "Fairfield" ownership (precursor to Wyndham, afaik). Wyndham's transfer fee is $299 per deed. Whatever that transfer fee might be, you need to know its' amount and you will need to consider in advance who will be paying it (i.e., you or the new recipient) if you "give away" the timeshare. Wyndham is going to demand and collect their $299 from
someone before they will actually process and complete the ownership transfer.
