What is the difference in buying a timeshare with an act of sale vs act of donation contract?
My understanding so far....
An act of sale will cost a little more (about $100 or so) to complete.
An act of donation is good if you are getting the timeshare for next to nothing or a small amount (say under $1K).
An act of donation is less complicated.
What are the important differences between the two?
My understanding so far....
An act of sale will cost a little more (about $100 or so) to complete.
An act of donation is good if you are getting the timeshare for next to nothing or a small amount (say under $1K).
An act of donation is less complicated.
What are the important differences between the two?