Required Deeding Information

[TommyZ]

I recently won an auction on e-bay for a Cottages at Shipyard timeshare. Timeshare Liquidators, LLC is handling the transaction. They are asking for the following information for deeding purposes:
[I]name(s) of owners, ssn, phone, fax and address.[/I]

If a timeshare is purchased with cash, is there any requirement to provide your SSN for deeding purposes?

Thanks,
Tom

 

[cozymel]

I recently won an auction on e-bay for a Cottages at Shipyard timeshare. Timeshare Liquidators, LLC is handling the transaction. They are asking for the following information for deeding purposes:
[I]name(s) of owners, ssn, phone, fax and address.[/I]

If a timeshare is purchased with cash, is there any requirement to provide your SSN for deeding purposes?

Thanks,
Tom

There is no reason you need to provide your SSN for deeding purposes. SSN's are no longer allowed on deeds since deeds are public records.

The only reason I can think that they may want your SSN is if the resort requires it, but I tell the seller that I will furnish that directly to the resort upon their request. Even then, I will talk to the resort management first before giving them my SSN.

 

[TommyZ]

Thank you.

 

[lonandter]

Uh oh. The same thing just happened to me. I am paying cash for an HGVC timeshare through Timeshare Adventures (timeshareadventures.com) and they called me today and asked for my ssn. I gave it to them. The other day I gave them my bank account info for a check over the phone. Am I screwed???

 

[ttt]

Many timeshare companies ask for SS#'s so they can negatively report to credit agencies if you abandon your ownership & stop paying maint. fees.

 

[lonandter]

Oh, thank you very much. I feel a bit more relieved now knowing there is a legitimate reason to ask.

 

[lonandter]

Timeshare Adventures????

Anyone ever do business with them? Are they reputable?

 

[Harry]

Checking on crdit

Many timeshare companies ask for SS#'s so they can negatively report to credit agencies if you abandon your ownership & stop paying maint. fees.

That is correct but they also want to know your credit history. I usually get around this nonsense by responding that I will forward a recent report to them. I then actually fax it to them, eliminating all personal information. I also add a little sentence stating that failure to except this correspondence will constitute a revocation and activates a cause of action for interference with a contratual relationship.