According to their current web site they do not accept deed backs at this time.
Bill,
Which resort do you want to 'deed back?'
Yesterday we mailed $250 and the notarized paperwork to eliminate a Diamond resort we are Founding Members of. We are hoping they will be willing to return the original death certificate of my husband's previous wife after the deed is recorded. (Pono Kai and Jockey Club returned the same death certificate last year.)
Call "loss mitigation" at your resort or Diamond's HQ. It is the department that forecloses on people who do not pay MF. Even though your MF is paid they are the department that accepts deedbacks when and if they happen to want them. It is very, very random. If they say NO today, you need to call them monthly or weekly because they are not willing to notify members.
We missed the opportunity to sell our resort to Diamond Resorts in 2007 or so for $2500 when they wanted units so bad they even purchased them from EBay. We wish we knew our resort was available for deedback from January-July 1,2011. I called ONE WEEK LATE and had to wait 10 months for the opportunity to pay $250 to deed it back to them.
We are celebrating the elimination of our lasted DEEDED U.S. timeshare. We have plenty of timeshare weeks but I do NOT wish to own "deeded" timeshares that randomly charge outrageous "special assessments" and report negative information to credit bureaus if you tell them "NO, we do not want your timeshare any more." I feel sorry for the Point at Poipu owners.
We do not want to add more timeshares to our portfolio at this time. Our non-deeded timeshare have LOWER risks of special assessment. Most are in Mexico. IF the decide to charge SA or increase MF higher than I want to pay, I can decide whether to 'cancel' those contracts at that time.