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Is it this easy?

Ottochuk

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I recently inquired with Mayan Palace about selling and assigning my mother's unused timeshare to a new owner. She resides in Canada. Mayan Palace emailed me a document titled: ASSIGNMENT OF CONTRACT FOR LODGING RIGHTS AND SERVICES. It reads as if this is the only document necessary for completing the sale/transfer of the timeshare to a new owner. This document identifies the Assignment Fee (transfer fee) payable to Mayan Palace, and the amount to be paid to my mom by the purchaser (described as: Assignee).

This document also outlines the conditions and obligations of the Assignee in assuming ownership of the timeshare. All that is requested is for the document to be signed by all parties/legally notorized and the transfer fee to be paid by credit card before mailing the fully executed document to an address provided (in Mexico).

Is this all that is required to sell and transfer a timeshare to a new owner?
 

brother coony

TUG Member
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Sep 14, 2006
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Yes, its a RTU not deeded property, some dont even need to be notarize, one sheet of paper sign by both party and resort transfer fees, and a return of certificate if one was given when bought
 

Karen G

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Resorts Owned
Once owned these: FirstFairway@Walden X 2; Lawai Beach; ManhattanClub; PuebloBonitoRose; 4 South Africa--now timeshare-free
I think it probably is all that's required for Mexican timeshares that are "right to use." There's no deed of trust that is filed with the county like in the U.S. for real estate.

It's just a matter of changing the names on the resort's records.
 

falmouth3

TUG Review Crew: Expert
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Congratulations on finding a buyer for your timeshare. If you read the posts here, it's not always too easy.

Sue
 
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