And from LT Transfers
Thank you for considering using LT Transfers to transfer ownership of your Hilton Grand Vacation timeshare.
We charge $225.00 to prepare the documents needed to transfer your timeshare plus postage ($15.00) & county recording fees (approx. $30.00)
HGVC requires an upfront estoppel fee/Right of First Refusal fee of $89.00; this fee is in addition to our fees. HGVC usually also has a $460.00 resort transfer fee which is also in addition to our fees. We will forward the transfer fees to the resort when we notify them of the ownership change. We will prepare the required Estoppel/ROFR request after we have received your paperwork to begin the transfer of ownership. Due to the ROFR process, we do charge an upfront (non-refundable) $189.00 fee to be applied to the total closing costs, provided Hilton does not exercise their ROFR.
If needed, Escrow services are available at an additional fee of $100.00. (We do not provide Escrow for Hawaii timeshare transfers.) I have attached a purchase and sale agreement with and without escrow depending on which one you need. .
Escrow funds will be paid to seller upon resort notification that the transfer of ownership has been completed to the buyer’s resort account.
If you are transferring banked points, this will need to be expressly stated in the agreement for Hilton to honor the request.
Additional documents and research will result in additional fees.
Here's how it works,
- Fill out the Document Preparation Form, the Agreement of Purchase and Sale (PSA) and return to us along with a copy of your recorded deed. You can send by fax or email or snail mail. We will send you an email letting you know we have received it. If you do not have a copy of your recorded deed, we will do a deed search for you. Our fee for this service is $25.00.
Note: We will need a completed and signed copy of the Agreement of Purchase (PSA), signed by both buyer and seller returned to us along with a copy of the recorded deed. You can make whatever changes are needed to the PSA to suit your particular situation. The PSA document can be emailed or faxed to each other for signing; it does not have to be notarized. If you are NOT using Escrow, please advise as I will need to send you a different Agreement of Purchase.
- We will prepare the documents necessary to transfer your timeshare. Due to our current workload, please allow up to three to four weeks after we receive all the documents needed to prepare your new paperwork. We will send this to you via email for your review, along with our invoice.
- Once we receive the executed documents from you, we will send it out to record at the Clerk’s office. Depending on the county, this could take between one week and four weeks.
- When our office receives the recorded deed, we will notify you by email with a copy of the recorded deed. We then mail by Priority mail the ownership transfer documents to the resort. We also mail by postal service to the new owners, a recorded deed along with a cover letter.
- If one of the parties listed on the current deed is deceased, it is usually necessary to require additional documents from you, including an original or certified copy of the death certificate, and there will be an additional charge. In some states, we are unable to assist you if one of the parties is deceased, and we will tell you if that is the case.
If the new owner prefer to deed it to their Trust, we do need a copy of the Certificate of Trust or Extract to properly prepare the new deed and we do have to provide a copy when we submit the final paperwork to resort management.
If being transferred to a corporation, we will need a Certificate of Good Standing from the state in which the business is incorporated along with a Corporate Resolution to acquire the timeshare property. Some resorts do not allow corporate ownership and if this is the case, we will advise
Fast, simple, very inexpensive.
Please let us know if you have questions.
We look forward to doing business with you!
Barbra
Your Team at LT Transfers
140 Builders Parkway, Suite A
