Ron, I don't understand the process. I have a recorded deed dated 8/2/11, but just heard from my resort that the legal description was wrong and that the deed has to be rewritten and recorded again. In other words, I still don't have what I paid for, or apparently what I have a deed for.
Does this sound right to you?
What you have is a pretty piece of paper giving you title to nothing...or maybe someone else's house
The process is or should be a simple one. As denise outlined above...a new deed is prepared and the seller signs it over to you which makes you the owner.....When we real estate agents talk about "closing" Thats it...buyer and seller meet at the closing companies office where the seller signs the deed and the buyer pays for it.
Of course with the property I sell (and timeshares) the buyer and seller and closing agent and the property itself are located miles from one another, so everything is done long distance by email, snail mail, wire transfers etc. This is of course why the timeshare closing companies have to have your money before closing....they cant close without it...
Then this new deed is sent to the county land records office where it is recorded. Now forever and ever anyone who cares to look will know you are the owner of that property
and in the case of a condo (or timeshare) the condo association or HOA is notified, so they can start sending the bills to the new owner and in the case of timeshares accept your reservatioon requests
In your case a mistake was made and has to be corrected before the resort will recognize you as the new owner.....
How can such a thing happen??
Most of the time a new deed is prepared by simply copying the legal description from the sellers deed, which of course was prepared by simply copying the previous owners deed. It is possible and Ive seen this with lot sales in Cape Coral Florida, that a mistake was made 4 owners in the past. To correct it the title company had to follow the chain of ownership back to where the first mistake was first made and have everyone sign corrected deeds. Not to do so would be a "cloud on the title"
anyhow, to answer your question; the process is simple and straightforward, unless it isnt