• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Help needed with Legacy Vacation Club timeshare

Zazzle

newbie
Joined
Sep 16, 2011
Messages
4
Reaction score
0
Points
0
Hi there.

I'm needing some advice about what to do with my grandmother's timeshare. She passed away about 2.5 weeks ago and her estate is left with a timeshare she owns in Palm Coast, FL with Legacy Vacation Club (formerly Celebrity Resorts).

I contacted LVC about mid-October (when she was still living) to see if they would accept the property back & they said no. But, I could write a letter explaining the situation that she had fallen seriously ill & they would pass along the letter to see if perhaps an exception would be made. I gave them 30 days to respond. They've got 6 days left on the 30-day window & I've not heard a word yet. I'm still holding out hope, but I'm afraid the answer is no.

I guess I'm seeking advice on next steps. Do I contact LVC again & ask for a deed in lieu of foreclosure or does the estate just not pay the maintenance fees due Jan. 1 & let it go? Just curious if anyone knows what any repercussions might be if the estate does not pay the MF & let the timeshare go into foreclosure.

We have found paperwork where she was scammed many, many times by companies offering to 'sell' her timeshare obviously to no avail. At this point, the estate has to wind down quickly so I don't know that we have time to 'sell' (or give away, really)the timeshare.

Any advice is appreciated!!
 

theo

TUG Review Crew: Veteran
TUG Member
Joined
Mar 21, 2007
Messages
9,066
Reaction score
2,324
Points
648
Location
New England Coast
This input is NOT intended to constitute legal advice, but...

I'm needing some advice about what to do with my grandmother's timeshare. She passed away about 2.5 weeks ago and her estate is left with a timeshare she owns in Palm Coast, FL with Legacy Vacation Club (formerly Celebrity Resorts).

I contacted LVC about mid-October (when she was still living) to see if they would accept the property back & they said no. But, I could write a letter explaining the situation that she had fallen seriously ill & they would pass along the letter to see if perhaps an exception would be made. I gave them 30 days to respond. They've got 6 days left on the 30-day window & I've not heard a word yet. I'm still holding out hope, but I'm afraid the answer is no.

I guess I'm seeking advice on next steps. Do I contact LVC again & ask for a deed in lieu of foreclosure or does the estate just not pay the maintenance fees due Jan. 1 & let it go? Just curious if anyone knows what any repercussions might be if the estate does not pay the MF & let the timeshare go into foreclosure.

We have found paperwork where she was scammed many, many times by companies offering to 'sell' her timeshare obviously to no avail. At this point, the estate has to wind down quickly so I don't know that we have time to 'sell' (or give away, really)the timeshare.

Any advice is appreciated!!

You may need to (and perhaps should) consult legal counsel, since it is entirely possible that you personally now actually have no legal standing to actually do anything at all with the timeshare at issue anyhow.
I would recommend having that conversation / consultation before having any further contact or conversation of any kind with anyone at Legacy / Celebrity.

Since the estate likely cannot be closed without some sort of conclusive disposition of this matter, an attorney may be better able to get the complete and undivided attention of the sleazy and despicable parasites at Legacy Vacation Club at their Orlando, FL headquarters, in order to reach some conclusive agreement and resolution. You can rest assured that this timeshare has little or no market value at all, so it's only a matter of attaining closure, not one of extracting any (non-existent) value.

Just my personal opinion and not legal advice, but it's also exactly what I would do if in your shoes... :shrug:
 

citizenwatch

newbie
Joined
Nov 15, 2011
Messages
4
Reaction score
0
Points
0
stay away from upfront fees

Their are many companies that are quick to take a property on board. Try to stay away from companies charging upfront fees. Try contacting the companies that she paid and see if they will offer a refund.
 

Zazzle

newbie
Joined
Sep 16, 2011
Messages
4
Reaction score
0
Points
0
Great, thank you Theo, for your advice! I've told the Executor of her estate to contact the lawyer that's been helping us to see if he can take care of the timeshare or give us the name of a FL lawyer who can help out.
 

richardm

TUG Member
Joined
Aug 6, 2007
Messages
1,265
Reaction score
36
Points
409
Location
Orlando
This is a question I am often asked.. In my opinion, the best answer I've seen to this is posted HERE and is attributed to the Office of Long H. Duong, a probate attorney in Gainesville, FL.

Part of his answer is posted below for information purposes... However, please visit his site if you want information or help with this issue:

***

Well, the real question is whether or not you intend to use the timeshare or sell it at a reasonable profit. If you stand to receive very little benefit from the timeshare and it’s the only real asset of the estate, it might not be worth it.

Here are a few points to consider:

1. Timeshares, generally speaking, are VERY hard to sell unless they are the cream of the crop.
2. As with any other probate case, despite what a Last Will might say, you do not own it until you go through probate.
3. If the timeshare management company asks you to simply quit claim deed the interest back to them (and be relieved of the costs), you should know that you cannot deed any interest that you do not yet own (see #2).
4. Furthermore, you have NO obligation to deal with the timeshare. Yes, you will lose it, but no, you don’t have to continue to pay the maintenance fees if you don’t want to deal with it.

The probate process can be expensive, especially if the timeshare is located in a different state than where the deceased lived. If you consider taking over the ownership, be sure to obtain a free comparative market analysis so you understand what a realistic resale value is for the timeshare. You don't want to pay more for probate than it would cost to purchase elsewhere.
 
Top