• 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 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 31st 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 $23,000,000 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 $23 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of 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!

MVC Transfer of ownership question.

qlaval

TUG Member
Joined
Sep 18, 2006
Messages
545
Reaction score
58
Location
Montreal, Quebec
Resorts Owned
Marriott Aruba Ocean Club, Renaissance Aruba Resort & Casino
I was reading a paperwork that says:
A transfer of ownership for an external resale would require a new HOTA to be prepared.

What does HOTA stands for?
 

bazzap

TUG Review Crew: Veteran
TUG Member
Joined
Nov 4, 2009
Messages
4,594
Reaction score
1,414
Location
Cirencester UK

qlaval

TUG Member
Joined
Sep 18, 2006
Messages
545
Reaction score
58
Location
Montreal, Quebec
Resorts Owned
Marriott Aruba Ocean Club, Renaissance Aruba Resort & Casino
Holiday Ownership Transfer Agreement (HOTA)
This explains the process with our last Resale purchase (with a European Reseller anyway)
https://doctor-timeshare.com/property/marriotts-phuket-beach-club-platinum-phase1/

Thank you!
"In about another 4 weeks of time, we should receive from MVW a document named Holiday Ownership Transfer Agreement (HOTA).
Upon receipt, we will forward it to you and the seller for original signatures.
This original signed document should be returned to us and after verification we will send it back to MVW in Florida...."
 

qlaval

TUG Member
Joined
Sep 18, 2006
Messages
545
Reaction score
58
Location
Montreal, Quebec
Resorts Owned
Marriott Aruba Ocean Club, Renaissance Aruba Resort & Casino
This explains the process with our last Resale purchase...

Did the HOTA needed only signatures or was it supposed to be notarized as well?
 

bazzap

TUG Review Crew: Veteran
TUG Member
Joined
Nov 4, 2009
Messages
4,594
Reaction score
1,414
Location
Cirencester UK
Did the HOTA needed only signatures or was it supposed to be notarized as well?
It may be a different process with purchases for non US resorts / residents?
We just signed and emailed scanned copies of the HOTA along with scanned copies of our passports.
I am not ware of us any requirement with us for it to be notarised?
 

qlaval

TUG Member
Joined
Sep 18, 2006
Messages
545
Reaction score
58
Location
Montreal, Quebec
Resorts Owned
Marriott Aruba Ocean Club, Renaissance Aruba Resort & Casino
Thanks, mine is for Aruba, will see in a month...
 

qlaval

TUG Member
Joined
Sep 18, 2006
Messages
545
Reaction score
58
Location
Montreal, Quebec
Resorts Owned
Marriott Aruba Ocean Club, Renaissance Aruba Resort & Casino
Finally received the ARUBA OWNERSHIP TRANSFER AGREEMENT it is required to have it notarized.
 
Top