• 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 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG has now saved timeshare owners more than $14,000,000 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 $14 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • 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!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Resort fee to Transfer

gafamof4

Guest
Joined
Aug 6, 2017
Messages
14
Reaction score
6
Points
13
Just wondering if anyone knows if Orange Lake has a fee to do a transfer of ownership at their Resort? We are needing to transfer ownership from my brother to myself and are trying to figure out the best, easiest, and cheapest way to do so. Any advice will help.
 

skotrla

TUG Member
Joined
Jul 1, 2010
Messages
552
Reaction score
76
Points
138
Location
Texas
Just wondering if anyone knows if Orange Lake has a fee to do a transfer of ownership at their Resort? We are needing to transfer ownership from my brother to myself and are trying to figure out the best, easiest, and cheapest way to do so. Any advice will help.
HICV charges $100 to file a recorded deed change - the cost of recording the deed in the county of the resort is typically in the $30-$50 range, so something around $150 in fees per deed. Depending on resort, points, and status level of the existing account, benefits could be lost in a standard transfer, so you should talk to Deeding at HICV to see if transfer from your brother can be done as a family transfer without losing any benefits, but I'm not sure what HICV charges for this kind of transfer. If you did it through the standard process, it would require two quitclaim deeds (one to add you to each deed and a second to remove your brother from each deed), which would be 2x the cost. On the other hand, if the deed is at a resort that transfers as points and not weeks and the account has no status, paying extra to maintain benefits probably isn't worth it.

The fees listed don't include the costs of a transfer company drawing up deeds, which would typically add ~$200 per transfer - here's the cost summary per deed.

Standard Transfer Party A -> Party B: $150-$350
Double Quitclaim Transfer Party A -> Party A+B -> Party B: $300-$700
Orange Lake Assisted Transfer: $150-???

-Scott
Owner, HICV Tapatalk Group
 
Top