Closing Fees for Timeshare with multiple deeds?

[werdmann]

Hi,

I was wondering, if a timeshare had its points divided into 3 different deeds (each representing a different week), would you have to pay a closing company for each deed to transfer ownership? I called my timeshare company and they treat these three deeds as a single account so only charge one transfer fee. They could not give me a clear answer on the deeds though for closing. Hoping someone has some experience here and can answer this.

 

[DeniseM]

With 3 separate deeds, the closing company has to do 3 times the work, so I suspect that you'll have to pay for 3 transfers.

Here is a reputable company that belongs to TUG, that you could contact to ask:

L.T. Transfers
Lisa Short and Mary Pless
http://www.lttransfers.com/
readylegal@gmail.com
706.219.2709

 

[tschwa2]

Bluegreen, Shell, or a different one?
Did you acquire them at 3 different times? Are they in points or true deeded weeks?

Do you have a single owner taking all three deeds?

 

[AriMorgan]

Just depends on the resort. Most resorts will charge 3 separate transfers. if they do not it depends on what is being done with the deeds. If you already found a buyer or someone to take over your maintenance fees then they could probably work with you but if they are doing all the work then you would probably pay 3 separate closing costs.