Deedback with Vacationvillage

[UKguy123]

Hello all

I am in the process of returning my timeshare via a deedback programme to Vacationvillage resorts for a timeshare I had at Grandview Las Vegas.

I have sent back the notarised paperwork with the fee and have been told that the paperwork has now been sent to the County office for processing and they will be in touch if there are any problems.

Does anyone have any experience of this stage of the process? Should I be expecting some paperwork back to show that the timeshare has been transferred out of my name now? The person at VV has not been very clear in explaining the process. All he said was that the process can take several months. However as I have paid a large fee, I want to make sure its actually being transferred.

Can anyone help put my mind at rest?

Thanks all

 

[DeniseM]

A deedback means that you are returning the deed to the resort management company.

That doesn't sound like what you did.

My guess is that they will actually turn it over to a rescue company who may or may not take it out of your name.

Rescue companies either:

-Sell your timeshare (if it has resale value)

-Abandon the deed (if it doesn't have resale value)

-Do nothing and take your money​

If they are abandoning the deed or doing nothing, it may never be transferred out of your name. Since you are not sure what is happening, I would have concerns.

 

[TUGBrian]

I dont believe grandview has accepted deedbacks from owners (at least none here ive seen have ever been successful).

this is however likely due to the fact that grandview units can be given away or sold for $1 fairly easily.

did you try to do this before paying someone "a large fee" upfront?

 

[UKguy123]

Hello

Thanks for your thoughts.

So, I have dealt with the management company of the resort to use their Deedback programme. The employee I have dealt with was Dumas Gabriellini. To date, I have completed the transfer paperwork with has been reviewed and notarised by a lawyer and I have paid the processing fee. This paperwork has now been sent to the County for recording.

What I am asking the forum is, should I expect any paperwork back from the County office?

Thanks for your help

 

[DeniseM]

Hello

Thanks for your thoughts.

So, I have dealt with the management company of the resort to use their Deedback programme. The employee I have dealt with was Dumas Gabriellini. To date, I have completed the transfer paperwork with has been reviewed and notarised by a lawyer and I have paid the processing fee. This paperwork has now been sent to the County for recording.

What I am asking the forum is, should I expect any paperwork back from the County office?

Thanks for your help

No - but the title transfer company will get a stamped copy of the deed back from the county recorder's office showing it has been transferred out of your name.

THEN - the recorded deed is sent to Grandview's title office where they can choose to record it, or refuse it. If the name on the new deed is known as a company that abandons deeds, Grandview may reject the new title.

Clarification - Vacation Village CANNOT accept a deed back for Grand View - they are separate companies.

Vacation Villages is probably doing one of 3 things:

-Sell your timeshare (if it has resale value)

-Abandon the deed (if it doesn't have resale value)

-Do nothing and take your money​

 

[colatown]

Dumas G works for Tower Resorts Realty, I don't know if they are related to VV or not.

 

[AriMorgan]

I think he works for Vacation Villages as well or has something to do with it as his email is related to VV

 

[ronparise]

The paperwork you signed was no doubt a deed. The answer to your questions will be there

If you saved a copy take a look at it. At the top it will say something like "return to: Someone at some address. That's who the county will return a copy of the recorded deeed to. Who is that? And who is the new owner?

 

[Saintsfanfl]

Clarification - Vacation Village CANNOT accept a deed back for Grand View - they are separate companies.

But doesn't VVR handle the ownership issues for Grandview? I own at another VVR property and even though it is separate company I have dealt directly with VVR on any title or deed issues.

 

[Saintsfanfl]

Dumas G works for Tower Resorts Realty, I don't know if they are related to VV or not.

I am pretty sure Dumas Gabbriellini works for Vacation Village Resorts.

 

[DeniseM]

I thought Grandview was managed by Daily Management Inc.

 

[AwayWeGo]

Vacation Village Resorts Managed By Daily Management Resorts.

I thought Grandview was managed by Daily Management Inc.

Pretty sure that's the name of the parent firm's captive management company.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 

[Saintsfanfl]

I thought Grandview was managed by Daily Management Inc.

Daily Management handles the maintenance fee accounting for all the VVR resorts except for Berkshire Mountain Lodge and Patriot's Inn. Those are handled by Tricor Management. All other ownership and customer service issues would be handled by VVR. I always thought of VVR as the equivalent of other management companies like Marriott. So in that sense VVR and Grandview would be one in the same unless we are talking about the HOA.

 

[theo]

I'm confused...

<snip>...I have dealt with the management company of the resort to use their Deedback programme. The employee I have dealt with was Dumas Gabriellini. To date, I have completed the transfer paperwork with has been reviewed and notarised by a lawyer and I have paid the processing fee. <snip>

I don't claim to know a thing about the particular resort at issue, but isn't it customarily a resort HOA (not its' hired management company or any of the management company's employees) which authorizes and / or processes "deedbacks" at any given resort?

What am I missing here that a management co. employee is involved at all with deedback acceptance and / or "processing fees")?

 

[Saintsfanfl]

I don't claim to know a thing about the particular resort at issue, but it is customarily a resort HOA (not its' hired management company or any of the management company's employees) which authorizes and / or processes "deedbacks" at any given resort.

What am I missing here that a management co. employee is involved at all with deedback acceptance and / or "processing fees")?

I think depending on the management company it is very common but it is a repurchase and not the traditional HOA deedback. They purchase the unit back and then they either resell it or they convert it to points to sell. Marriott has done this without thousands and thousands of units through their "buyback" program. Other management companies have done the same thing through similar programs. It is obviously different than an HOA deedback program but to an owner trying to get rid of a unit it has the same result.

 

[ronparise]

I don't claim to know a thing about the particular resort at issue, but it is customarily a resort HOA (not its' hired management company or any of the management company's employees) which authorizes and / or processes "deedbacks" at any given resort.

What am I missing here that a management co. employee is involved at all with deedback acceptance and / or "processing fees")?

good point but it makes no difference for a lot of timeshares as the boards are controlled by the management companies and the management companies are tools of the developers

I deeded a number of timeshare weeks back to the resort.. The hoa wasnt involved at all, only the manager's employees.. By the way the board is made up of manager employees too.

 

[theo]

My perspective and direct experience on this topic is admittedly limited to practices at just a few properties...

I sit on the BoD of a small, independent resort. Any and all "deedback" requests go only to and through (and get decided solely by) the BoD, with no involvement or participation of the currently contracted management company. Our BoD / HOA certainly does not in any way answer to our hired management company; it's quite the reverse, actually. We have even terminated (i.e., we declined to consider for renewal) the contract of a under-performing management company.

As I think about this in the context of other resort scenarios, I now see that it's really a very different picture and process with "chains" that control both the HOA and the management company, or "non chain" resorts still conducting developer-direct sales. Long ago "sold out", we use resort web site, newsletter ads and a third party local realtor / reseller (not associated in any way with either the original developer or the current management company) to resell HOA-owned weeks which have been reclaimed either by voluntarily accepted deedback or through foreclosure.

 

[tschwa2]

I think it isn't so much about independent vs non independent but more a resort or resort chain in active and ongoing sales vs one that is not. If it is going back to the developer directly with the developer immediately responsible for MF until it is resold then that's who the deal is between, the owner and the developer/management company. Its another story if the deed back is to the HOA and the current owners immediately taking over the MF until resold. But even in that case the HOA, even one with an independent HOA could give the responsibility and authority to process the paperwork and deal with deedbacks according to any procedures that the HOA developed or at least approved of.

 

[gabrown]

Any updates on this? Am trying to get rid of my Grand View Las Vegas. Just posted in the bargain forum, but have also been given Dumas's name for the deedback program. Hopefully that is a last resort.

 

[TUGBrian]

Any updates on this? Am trying to get rid of my Grand View Las Vegas. Just posted in the bargain forum, but have also been given Dumas's name for the deedback program. Hopefully that is a last resort.

ive yet to see a grandview week that could not be given away for $1+closing....not to say that there arent GV intervals that exist that cant be given away...but all the recent ones that have been posted seem to find willing takers for free.

 

[gabrown]

Good to here, I'll keep my bargain thread updated, and if I find somebody, will be looking for advice on the transfer on TUG