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quit claim info

suenmike32

suenmike32

TUG Member
Joined
Jun 6, 2005
Messages
679
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Location
Albany, NY
Resorts Owned
MOW
I own 3 timeshares in Florida within the Marriott system, all at the same resort and all purchased privately, (not through Marriott).
Two deeds are listed in the name of Mr. & Mrs. YaddaYadda.
The third is listed in the name of Mrs. YaddaYadda only.
This presents a problem when trying to pay my MF on line, as our account only shows the two listed as Mrs & Mrs.
The advice I got after paying the 3rd unit (by phone), was to change the Mrs. only, to read as the other two, Mr. & Mrs.
I understand that I can do this via a quit claim deed. Can someone explain the details. Can this be done simply by purchasing the necessary forms (in NY), then recording them while I'm in Florida for the month. Does that make sense?
I'm looking for the easiest and most reasonable way to accomplish the task.

We blundered by not having our paperwork on the other two units (with us to use as reference), and inadvertantly just listed it in my wifes name. :confused:
Thanking you in advance,
Mike
PS...we are not really the YaddaYaddas
 
Probably it would be easier to pay the maintenance fee over the phone for the next 20 years than to record a new deed.
 
lweverett said:
Probably it would be easier to pay the maintenance fee over the phone for the next 20 years than to record a new deed.
Click to expand...

I was thinking that would be the easier way to go. Just a little more YaddaYadda! :D
 
kinda in the same situation as suenmike. 2 in both names 1 in just my name. it is a marriott. so could someone expand on the idea of the quitclaim deed and the filing in florida. would it being a marriott make it more involved?
 
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At least in the state of Virginia, a quit claim claim deed is normally used when someone is assigning an interest they do not think they have or is of very little value. It is used for estates of people who die intestate to get large numbers of possible heirs to sign off. If I were to own something, I would want the most legally binding chain of ownership. Therefore, since there are only minor differences in the wording of various types of deed, why not deed it to yourself with a general warranty deed? If I were to buy something of value that was only offered with a quit claim deed, I would wonder why. If you want to do this, I would pay the price to have the deed properly drawn and recorded by perhaps a closing company in the jurisdiction of your T/S. Take your present deed to them while there and it should not be expensive.
 
Yes, you can easily quit claim your deed to yourself & your husband. Make sure to record it in the correct county(Where the resort is located). You will need to complete a DR-219 to accompany the deed in Florida(download from Dept. Of Revenue or County Recorder Website). You will also need the Parcel Identification number of your property(sometimes on the deed). You can contact the County Tax Assessor to obtain the Parcel ID number. Your total cost will likely be under $20., assuming Marriott does not charge a transfer fee.
 
ttt
I have a gut feeling that you are pretty much "on the money". I'm sure that being a "Marriott" property has no bearing on anything. However, their counselers advised that I get an attorney or title transfer company to do it.
To be honest, I just didn't want to retain an attorney for something that I could quite possibly do myself. Many of these forms are readily available either at legal supply stores or on the internet. You just have to know what to do. We're going to be in Florida for a month...it'll five me something to do besides golf, fish, sunbath, happyhour (extended)... yaddayadda...;)
Thanks.
Mike
 
You can usually get "deed forms" at stationery stores (if such even still exist). You can also get them on-line from www.nolo.com and there is at least one
other site at: http://www.uslegalforms.com/. I did this myself with a very inexpensive (i think it was $2.50) blank form I bought at a stationery store after I bought a ground rent from my uncle's estate & the local government insisted that I had to have a "deed" in order to take possession legally. It may be wise to check with the courthouse in the county where the TS is located. All this can usually be handled by mail.
 
Thanks for everyones thoughts and suggestions on the matter. When I'm in Palm Beach next month, I'm going to visit the Palm Beach County Clerk's office and see if I can fill out the forms and do it myself. I'll have plenty of time on my hands and can easily get there.
As far as I'm concerned, its merely a formality, however, having two owner accounts with Marriott has presented a problem (in the past), when it comes time to book my weeks. I just want to get (the one) out of my name and into both of our names.

A quick example of the pitfalls of having two accounts is:
When booking our weeks, it took about 10-15 minutes longer on the phone to do so. "What's the big deal..you may think?" Well..believe it or not, the inventory that you seek can easily be taken in that short a period of time.
It happened to us last year. The Marriott rep had the information we gave him, said "sure, no problem", put us on hold to enter the request...then came back (10 minutes later) and said the inventory was gone:bawl:

So then , we had to change our weeks...including airline tickets:wall: THATS a hassle I don't want to go through again.
Mike
 
In most states one can accomplish this with any type of deed. Nothing special about a Quit Claim deed other than it's less "complicated". Can you answer what benefits using the complicated one might give? If not, bad sign #1.

Make sure the deed has all the legal wording and convenents of the condominium listed in it. How will that be addressed by you?

This is not a good thing to be doing yourself if you don't understand what any of the wording really means (the "legalese"). Would you pull your own tooth to save going to a pro? After all, dentists get hundreds of dollars for 15 minutes of work.

Ever see a commercial legal form available that says it's meant for timeshares? No, because they just don't exist. What risks are you assuming if using a deed form designed for a house sale? If you can't answer that one from a legal perspective, don't do it.

Old legal saying "the man who represents himself has a fool for a client."
 
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