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Deed recorded incorrectly. Unit was recorded incorrectly.

luckyrose

luckyrose

TUG Member
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Jun 11, 2011
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Hello,

I need some advise. I had a timeshare The Pines (VA) for several years. I traded it with RCI. Company who prepare deed is TTC Holdings and out of business now. I did not know unit was recorded incorrectly and for years was trading it. I found out when I try to sell it and requested deed and send it to the Pines management company. They told me it is incorrect and now my responsibly to correct it using attorney.

I requested copy of the deed and sent it to the resort to find out that unit was recorded incorrectly . I don't want this timeshare and want to get rid of it. Is there way to get rid of it if there issue with a deed or it is a more problem for me and I have to correct it in order to sell it or give way?
 
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luckyrose said:
Hello,

I need some advise. I had a timeshare The Pines (VA) for several years. I traded it with RCI. I requested copy of the deed and sent it to the resort to find out that unit is on the deed does not exist. I don't want this timeshare and want to get rid of it. Is there way to get rid of it if there issue with a deed or it is a more problem for me and I have to correct it in order to sell it or give way?
Click to expand...
We own a week at The Pines too. How do you know the unit doesn’t exist? I’m sending you a PM
 
silentg said:
We own a week at The Pines too. How do you know the unit doesn’t exist? I’m sending you a PM
Click to expand...

I sent a copy to the Pines management company and they told me that it was not recorded correctly. I love to get rid of it, but seems I have to fix it and spend more money on it :(
 
It would seem that if you are not deeded a valid unit, then you don't own there.

This could be an easy out.
 
More details would help people help you. What is incorrect on the deed? Who did you buy it from? What did the deed they received say vs. yours?How does the resort recognize you if it's been wrong (ie. Didn't they get the deed after you bought)?
 
I just talk to real estate attorney ad he said you acknowledge purchase, so no easy out :(
 
davidvel said:
More details would help people help you. What is incorrect on the deed? Who did you buy it from? What did the deed they received say vs. yours?How does the resort recognize you if it's been wrong (ie. Didn't they get the deed after you bought)?
Click to expand...
I agree, we need more details. What is the actual unit number that the resort and owner thinks they own. What is the unit number on their current deed? What is the unit owner on the prior owners deed?
 
I’m interested to know too!
 
VacationForever said:
Just contact LTT to see if they can help to correct it. Their fees for closing / transfer are very reasonable.

LT Transfers
4513 Highway 129N
Cleveland, GA 30528
706.219.2709

email to readylegal@gmail.com
Click to expand...
LT may be able to help point them in the right direction, but I think the OP may need a real estate attorney to get this fixed. If the deed is wrong, it may need to go through quiet title to get it fixed. A rather expensive and drawn out process.
 
Ah. Just for a good idea to fallow up with a resort and make sue deed is recorded correctly for a new purchases.
My situation The deed is listed as unit 007. There is no unit 007. It is unit 105, which would be recorded in the deed as unit 001. The deed says prepared by TTC holdings LLC, and they out of business.
 
luckyrose said:
Ah. Just for a good idea to fallow up with a resort and make sue deed is recorded correctly for a new purchases.
My situation The deed is listed as unit 007. There is no unit 007. It is unit 105, which would be recorded in the deed as unit 001. The deed says prepared by TTC holdings LLC, and they out of business.
Click to expand...
Can you answer the questions I asked above?
 
I checked my deed it looks ok, we are going there next year. I will call the Pines before we go. I hope you get your timeshare worked out. If the deed is not correct. Why can’t you just walk away? The company who recorded it is out of business and there is no such unit at the resort, so why do you have to correct this mistake? You didn’t make it.
Silentg
 
silentg said:
I checked my deed it looks ok, we are going there next year. I will call the Pines before we go. I hope you get your timeshare worked out. If the deed is not correct. Why can’t you just walk away? The company who recorded it is out of business and there is no such unit at the resort, so why do you have to correct this mistake? You didn’t make it.
Silentg
Click to expand...
We don't know what the purported mistake is, who sold it to her, etc. If the deed has worked all along for her ownership (she only said she has concerns about selling, not that it affects her use), why should the buyer have any less use than her?

Too many missing facts, with no answers, to solve this riddle.
 
The resort is taking inconsistent positions: (1) you are the legal owner of the property and must fix the problem, and (2) you don't really own the property so you cannot transfer it.

I would tell the resort that if they will not accept the new owner (because the old owner -- you -- doesn't have correct title), then you will walk away from the unit that they say you do not own.

(Note that there is an easy fix, if you can find the person who sold the property to you: have them sign a new, correct deed; you don't need to go through the old title company. But unless you can find this person, you do not want (or need) to spend the amount of money it would take to solve this problem.)
 
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vacationtime1 said:
The resort is taking inconsistent positions: (1) you are the legal owner of the property and must fix the problem, and (2) you don't really own the property so you cannot transfer it.

I would tell the resort that if they will not accept the new owner (because the old owner -- you -- doesn't have correct title), then you will walk away from the unit that they say you do not own.

(Note that there is an easy fix, if you can find the person who sold the property to you: have them sign a new, correct deed; you don't need to go through the old title company. But unless you can find this person, you do not want (or need) to spend the amount of money it would take to solve this problem.)
Click to expand...
If thew OP has the original deed, wet ink, they may be able to have a closing agent obtain the correct legal description and reattach it, if it was a separate page, then rerecord noting the reason being the error on the unit number. This may be more difficult with the deed being recorded so long ago.
 
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