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How to sell abroad?

debbimilner

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If we are successful marketing our timeshare to a buyer in a foreign country, is it possible that a third party firm will be able to handle the legal transactions necessary? Are there any issues we should be aware of before we begin advertising?
 

Carolinian

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That depends a lot upon the country where the timeshare is located and how the timeshare interest is structured. Most overseas timeshares are not deeded which often makes the transfer process much easier and often you do not need a third party firm. I have sold weeks at two resorts in South Africa and one in Australia which were organized as shareblocks, where ownership was represented by shares of stock in the shareblock. The resorts send me the forms, and we filled them out, signed them, and sent them off with the transfer fee. There was no need to use a third party closing agent. There are a few resorts in each of those countries which are deeded and those would likely require using someone local. I also owned at a resort in continental Europe that was organized as a cooperative, and again, it was simple. Just fill out some forms and sign them, with no third party required. RTU's also would likely not require use of a third party closer.
 
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