• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 27 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG is asking for recent reviews of older resorts, earn a free year membership!

    Read more here
  • TUG has now saved timeshare owners more than $17,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $17 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Adding a name to ownership

mlnuwer

TUG Member
Joined
Sep 29, 2009
Messages
24
Reaction score
2
Points
213
Location
Escondido, California
I am trying to add our son to 2 deeds at Vistana. Vistana charges $375 per unit to change the deed, record and transfer into the new names. I created the Quit Claim Deed myself and with the help of the recorders office in Fla. was able to have it recorded. But now Vistana refuses to make the transfer because they say one of the signers did not have 2 additional witnesses to the notary. They say start over, get all the current owners to sign with 2 additional witnesses and pay the Fla fees again. I say this is ridiculous since it is now legal through the county in FLA. Does anyone know what I can do to convince the HOA at Vistana to complete the transfer?
 

BocaBoy

TUG Member
Joined
Jun 5, 2009
Messages
5,293
Reaction score
392
Points
368
Location
Wisconsin
Resorts Owned
Maui Ocean Club--Lahaina/Napili Villas; Grand Chateau
Was this a case of being penny-wise and pound foolish? If the law requires the two additional witnesses, then Vistana is acting properly. It will also be a cloud on your title when you try to sell in the future.
 

mlnuwer

TUG Member
Joined
Sep 29, 2009
Messages
24
Reaction score
2
Points
213
Location
Escondido, California
Was this a case of being penny-wise and pound foolish? If the law requires the two additional witnesses, then Vistana is acting properly. It will also be a cloud on your title when you try to sell in the future.
Part of the issue is wanting to save hundreds of dollars when I can type up the document and record it for a total of about $50. It was an oversight in not seeing that one witness did not sign for both people, just one of us. The other part is that the county recorder in the state of Fla. accepted it and recorded it making it a legal document so what grounds does Vistana have to reject it. I am not concerned with a cloud on the title since I never plan to sell it. For that matter Vistana units have no value and people are trying to get rid of them for $1.00. On the other hand if I let it go foreclosure they will not ever see the maintenance fees and that will impact them.
 

controller1

TUG Member
Joined
Aug 14, 2017
Messages
2,985
Reaction score
1,869
Points
248
Location
Louisiana
Resorts Owned
Westin KORVN OF
Westin Nanea OF
Westin FLEX
Part of the issue is wanting to save hundreds of dollars when I can type up the document and record it for a total of about $50. It was an oversight in not seeing that one witness did not sign for both people, just one of us. The other part is that the county recorder in the state of Fla. accepted it and recorded it making it a legal document so what grounds does Vistana have to reject it. I am not concerned with a cloud on the title since I never plan to sell it. For that matter Vistana units have no value and people are trying to get rid of them for $1.00. On the other hand if I let it go foreclosure they will not ever see the maintenance fees and that will impact them.
It looks like to me if it cost you only $50 vs Vistana's $375, then you need to do it all over and do it right this time. You'll still be saving $275.
 

DavidnRobin

TUG Member
Joined
Dec 20, 2005
Messages
11,054
Reaction score
1,511
Points
648
Location
San Francisco Bay Area
Resorts Owned
WKORV OFD (Maui)
WPORV (Kauai)
WSJ-VGV (St. John)
WKV (Scottsdale)
You are adding names to a $1 VSE VOI? For what purpose?

Why burden someone with a worthless item that has ever increasing and unending MFs (and Special Assessments)?
Or am I missing something?

VSE has their requirements regarding names (and witnesses, etc) for completed deeds in their system that doesn’t necessarily jibe with county records.
I have first hand experience with adding (changing) names.



Sent from my iPhone using Tapatalk
 

Gordgeous

TUG Member
Joined
Jan 31, 2018
Messages
22
Reaction score
4
Points
63
Location
Toronto, Canada
Resorts Owned
SDO
You are adding names to a $1 VSE VOI? For what purpose?

Why burden someone with a worthless item that has ever increasing and unending MFs (and Special Assessments)?
Or am I missing something?


Sent from my iPhone using Tapatalk
I have the same question as I am about to purchase my first timeshare.

I am married with two very young children and we are looking to purchase a 2BR Annual SDO 1-52 for little/no upfront cost (and ultimately no resale value).

Should I simply just register this in my name? Add my wife as well? Or add all 4 names on purchase just in case?

Our plan would likely be to keep the unit for approx 5 years or so, perhaps a little longer, but no plans to make this particular unit part of some sort of family legacy or anything. Our planned use case would be to trade via II.

It is obviously best to plan upfront so you are not changing anything, but it seems like it could be best to just register in my own name for simplicity.

The only other thought would be around making bookings and if there is an advantage to having both our names on the account to allow my wife to make bookings, access the owner support group etc. Would my wife need to be on the deed for that?

Thanks in advance!
 

jabberwocky

TUG Review Crew
TUG Member
Joined
Apr 30, 2016
Messages
1,684
Reaction score
1,332
Points
273
Location
Canada
Resorts Owned
SVR, SDO, WKORV-N, Westin Flex, HGVC (BLVD)
I have the same question as I am about to purchase my first timeshare.

I am married with two very young children and we are looking to purchase a 2BR Annual SDO 1-52 for little/no upfront cost (and ultimately no resale value).

Should I simply just register this in my name? Add my wife as well? Or add all 4 names on purchase just in case?

Our plan would likely be to keep the unit for approx 5 years or so, perhaps a little longer, but no plans to make this particular unit part of some sort of family legacy or anything. Our planned use case would be to trade via II.

It is obviously best to plan upfront so you are not changing anything, but it seems like it could be best to just register in my own name for simplicity.

The only other thought would be around making bookings and if there is an advantage to having both our names on the account to allow my wife to make bookings, access the owner support group etc. Would my wife need to be on the deed for that?
I would definitely add your spouse as this would allow her to check in without a guest certificate if you are not present (assuming you will also be using for II Getaways which would also require a guest cert. if she is not on the account). She would need to be on the deed.

If you are only planning to have this for around five years I don't see a benefit to adding your kids as this would just make it significantly more complicated when it comes time to dispose of the unit.

Keep in mind that if you ever did want to add an additional Vistana unit to your account the names on the deeds would have to be exactly the same in order to be held in the same account.
 

DavidnRobin

TUG Member
Joined
Dec 20, 2005
Messages
11,054
Reaction score
1,511
Points
648
Location
San Francisco Bay Area
Resorts Owned
WKORV OFD (Maui)
WPORV (Kauai)
WSJ-VGV (St. John)
WKV (Scottsdale)
I would just add spouse.


Sent from my iPhone using Tapatalk
 

dioxide45

TUG Review Crew: Expert
TUG Member
Joined
May 20, 2006
Messages
35,506
Reaction score
8,884
Points
1,049
Location
NE Florida
Resorts Owned
Marriott's Grande Vista
Marriott's Harbour Lake
SVV - Bella
SVV - Key West
Part of the issue is wanting to save hundreds of dollars when I can type up the document and record it for a total of about $50. It was an oversight in not seeing that one witness did not sign for both people, just one of us. The other part is that the county recorder in the state of Fla. accepted it and recorded it making it a legal document so what grounds does Vistana have to reject it. I am not concerned with a cloud on the title since I never plan to sell it. For that matter Vistana units have no value and people are trying to get rid of them for $1.00. On the other hand if I let it go foreclosure they will not ever see the maintenance fees and that will impact them.
Counties in Florida will record a scrap piece of paper if you give it to them and pay the fee. It doesn't make it legal just because it is recorded.
 

Grandma2016

Guest
Joined
Aug 3, 2017
Messages
144
Reaction score
33
Points
38
I am currently in the process of doing this. We have 2 adult children and want them to have same benefits we have. We are 5 star elite and own in Maui OF, OV and some week 52s. So for us there is value in that (rent on week 52s) and we want our kids to have the benefits of elite status. It is pricey but depending on your intentions you should do it correctly.
 

Henry M.

TUG Member
Joined
Apr 5, 2006
Messages
2,239
Reaction score
437
Points
443
Location
Austin, TX
Can you do anything so both of the adult kids benefit from the Platinum status? Is there a structure that maximizes the benefits of Elite ownership for the two kids?
 

YYJMSP

TUG Member
Joined
Apr 2, 2009
Messages
2,377
Reaction score
110
Points
273
Location
BC, Canada
Can you do anything so both of the adult kids benefit from the Platinum status? Is there a structure that maximizes the benefits of Elite ownership for the two kids?
only one person gets the Marriott Bonvoy status...
 

Grandma2016

Guest
Joined
Aug 3, 2017
Messages
144
Reaction score
33
Points
38
We created a trust with us and 2 adult children as trustees. The trust is now who holds all 9 deeds.
 

YYJMSP

TUG Member
Joined
Apr 2, 2009
Messages
2,377
Reaction score
110
Points
273
Location
BC, Canada
We created a trust with us and 2 adult children as trustees. The trust is now who holds all 9 deeds.
who is named as the BonVoy Platinum recipient?

i thought only individuals were allowed BonVoy membership.
 

controller1

TUG Member
Joined
Aug 14, 2017
Messages
2,985
Reaction score
1,869
Points
248
Location
Louisiana
Resorts Owned
Westin KORVN OF
Westin Nanea OF
Westin FLEX
who is named as the BonVoy Platinum recipient?

i thought only individuals were allowed BonVoy membership.
Only individuals are. On each account one person must be designated as the contact and that person receives the Bonvoy Elite status.
 

Grandma2016

Guest
Joined
Aug 3, 2017
Messages
144
Reaction score
33
Points
38
We never use motel part of ownership. We wanted to maintain 5 star elite status for our kids. Our lawyer contacted vistana to find out correct way to do this.
 

controller1

TUG Member
Joined
Aug 14, 2017
Messages
2,985
Reaction score
1,869
Points
248
Location
Louisiana
Resorts Owned
Westin KORVN OF
Westin Nanea OF
Westin FLEX
We never use motel part of ownership. We wanted to maintain 5 star elite status for our kids. Our lawyer contacted vistana to find out correct way to do this.
Remember that the Marriott Bonvoy hotel elite program's points can also be used to reserve units at most of the Vistana timeshares. Those points build if you use a Marriott Bonvoy credit card to pay your maintenance fees and include your Bonvoy number on your Vistana timeshare reservations to receive credit for food & beverage and other charges to your folio. Don't neglect the Bonvoy program just because you think it isn't valuable. You may be missing out.
 

Henry M.

TUG Member
Joined
Apr 5, 2006
Messages
2,239
Reaction score
437
Points
443
Location
Austin, TX
I don't convert to Bonvoy points, but do use Marriott hotels for travel and the Platinum status is pretty useful. I have gotten quite a few nice upgrades, and I use late checkout often when my flights leave later in the day. The free breakfast has been nice at many of the locations. I mostly use hotels in Surope and many have nice breakfast buffets. Points stays can also be valuable, but I earn the points, rather than convert my timeshares.

I have Lifetime Platinum status through hotel stays, so I had Vistana give the 5-Star Platinum benefit to my wife. This way, she can get the benefit whenever she travels alone.
 
Top