I have completed the Horizon program "Deed Back" process, and am no longer an "owner". The last in quotes because as I purchased points, I never really owned anything except a membership in a club...that's all points are.
While I don't have my notes in front of me, I applied the end of July. They said 4-6 weeks I'd get a package with paperwork (turned out to be one page to sign). HOWEVER, it didn't show up after 6 weeks (DON'T wait more than 4 weeks!) I called them. The gal found the application, said it had been approved to proceed, but nothing was done, it was just sitting there. So she forwarded it to the manager. At that point, I called every 2 weeks. Got the letter to acknowledge I was giving it up and sent it in the FedEx envelope provided.
Went pretty smooth from there. About the end of October got a letter saying it was complete, I was no longer an "owner", which I confirmed twice with follow up calls to be sure, as I got NOTHTING official. More evidence that I never really owned anything.
So I'm free of the $4200 maintenance fees (Ridge Tahoe) which I'm sure will go up this year, as HICV is pumping a ton of money into a very distressed property. I can rent on the open market for the same or less than my maintenance fees. HICV brand is not premium, so they'll never fix it up the way it was.
I'M GLAD TO BE OUT!