Quit Claim Deed in Orlando?

AnneM · Aug 30, 2011

Does any one know if Quit Claim Deeds are legal in Orlando?

Have posted our Westgate unit in the bargain basement and marketplace to no avail. Do not want to pay maintenenance fees in January 2012 and am now looking for alternative ways out of our timeshare. Circumstances have changed for us and are no longer in a position to continue with our timeshare. Have read on TUG about Quit Claim Deed and wondered if this was an option in Orlando??

DeniseM · Aug 30, 2011

You cannot force the resort to take your timeshare back with a quit claim deed - they must agree.

teepeeca · Aug 30, 2011

I've sent an e-mail to you.

Tony

AwayWeGo · Aug 30, 2011

Legality Is Not The Issue -- Finding Somebody Willing To Take It Is What Counts.

AnneM said:
Does any one know if Quit Claim Deeds are legal in Orlando?

Have posted our Westgate unit in the bargain basement and marketplace to no avail. Do not want to pay maintenenance fees in January 2012 and am now looking for alternative ways out of our timeshare. Circumstances have changed for us and are no longer in a position to continue with our timeshare. Have read on TUG about Quit Claim Deed and wondered if this was an option in Orlando??

If somebody is willing to take the unwanted timeshare off your hands -- e.g., another timeshare vacationer, a timeshare reseller, the managing authority of the timeshare resort itself -- then quitclaim deed might work just fine. The weenie is that nobody has to take it who doesn't agree ahead of time to accept it no matter what form of deed is used.

All quitclaim does is renounce any & all of your claim to a particular piece of property & turn that claim, whatever it is, over to another person or organization. The documentary steps are simple. What's more difficult is finding another person or organization willing to take over your claim to the property -- & that's specially difficult when the unwanted property is a timeshare & arguably even more so when it's a WestGate timeshare.

When you find yourself stuck as owner of an unwanted timeshare, there is no easy & no automatic way out, quitclaim deed or general warranty deed mox nix.

It's that difficulty which has opened people up to the bamboozles & hornswoggles worked by those notorious up-front fee bogus resale companies & the postcard "relief" companies that promise to get you off the ownership hook if -- IF -- you pay major money.

We gave away two timeshares last year that we no longer wanted to keep.

One we quitclaim-deeded back to the resort, with their approval & permission in advance, at no cost to us. They even E-Mailed a blank quitclaim deed for us to sign & get notarized & send back, which we did pronto.

The other we listed here on TUG-BBS in the bargain-giveaway section. Pretty soon another TUG member took us up on the offer, & that was that. (The timeshare closing agent prepared a new general warranty deed, which we signed & got notarized & witnessed & sent back. Case closed.)

If I had a WestGate or other white elephant timeshare I wanted to unload, I might not only put it on the free giveaway section of TUG-BBS, but I might also sweeten the offer by agreeing to pay for the closing service transaction plus a year or so of paid-ahead timeshare maintenance fees. That may seem steep, but it's way less than the hornswogglers & bamboozlers charge.

After we gave away those 2 timeshares last year, we bought 2 more via eBay. Both of those included free closing plus a couple of years of paid-ahead maintenance fees. Apparently sweetening the pot that way is gaining traction as a way of helping to move timeshares in a sluggish resale market.

Good luck. And above all, steer clear of all the hornswoggles & bamboozles out there that are just waiting to snare the unwary.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.

AnneM · Aug 30, 2011

Thanks for the replies. Think I misunderstood reference to a Quit Claim Deed elsewhere in TUG re disposal of an unwanted timeshare. Glad of the clarification.

Quit Claim Deed in Orlando?

AnneM

DeniseM

teepeeca

AwayWeGo

TUG Review Crew: Expert

AnneM