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aruba surf club - what happens in death of owner and /or when the aruba land lease is up in 2061

nsp2796

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I am trying to figure out what happens to my ownership if I pass away. I am the only one on the ownership document. Does it transfer automatically to my daughter? what if she doesn't want it - is she stuck with the financial burden of it? Second question - the lease on the surf club is up in 2061, does my ownership end at that point regardless of whether or not marriott renews the lease with the government? or if marriott renews, do i keep it? I called marriott owner services and no one could answer the question. I bought my week resale 10 years ago - and the original marriott contract was not in there so i can't read what the original contract states. Anyone have any insight?
Thanks
 

bazzap

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I am trying to figure out what happens to my ownership if I pass away. I am the only one on the ownership document. Does it transfer automatically to my daughter? what if she doesn't want it - is she stuck with the financial burden of it? Second question - the lease on the surf club is up in 2061, does my ownership end at that point regardless of whether or not marriott renews the lease with the government? or if marriott renews, do i keep it? I called marriott owner services and no one could answer the question. I bought my week resale 10 years ago - and the original marriott contract was not in there so i can't read what the original contract states. Anyone have any insight?
Thanks
When I previously contacted Owner Services with a very similar question, their response (by email, as a transcript of our webchat) was
When the lease is up, “the property goes to the land owner and if the lease is renewed then the usage of the weeks for the owners will still continue.”
 
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nsp2796

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in case anyone is interested, i got a written response from marriott - not much clarity but for what its worth - i think an heir has a right to decline within 90 days upon death of an owner based on the research i did.

From marriott
"In regards to what happens with your timeshare should you pass away, we recommend speaking to a lawyer about what options you may have in regards to your daughter receiving the property or declining it.

For the lease on the Aruba property, notification about what will happen or what needs to be done will be given out with sufficient time to implement any action."
 
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