Uncle Freddie
newbie
- Joined
- Sep 14, 2020
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TUG,
This is my first post. I have a problem and I hope someone can guide me in the right direction.
My parents died about 6 and 9 years ago, respectively. They had no will or estate. I am their only child.
They owned a timeshare; bought in 1990; fully paid for; only annual maintenance fees remained which they paid every year.
The timeshare contract and deed has only their names and signatures. Not mine. This is important.
Since 2014, I committed an original sin: I have been paying the timeshare fee only because I was not sure what to do. I saw a bill, I paid a bill, simple as that. In the back of my mind, I thought that if I ever wanted to visit the timeshare, I should at least keep it out of delinquency.
This year, I have come to the conclusion that I will never visit this timeshare.
So, two months ago, I consulted an attorney to look at the timeshare deed and contract.
His conclusion was that my name is not on any timeshare contract or deed. I do not own the timeshare, and I did not inherit the timeshare from my parents.
Immediately following my meeting with the attorney, I sent a letter to the timeshare company, with death certificates, requesting a surrender. I stated specifically that I am not the owner of the timeshare, regardless of the fact that I rather stupidly paid the annual dues for 6 years. I also stated specifically that I have never visited the timeshare property myself. I may have paid the fees, but no, I have never used it.
Today, two months later, I have received a letter from the timeshare saying that the Board has not approved my request. That is literally all it says:
"Unfortunately the Board has not approved your request."
No details.
I don't understand. The owners of the timeshare are dead. I don't own the timeshare. So what if I paid them money to give me time to think. Although I paid the fees, I have never used the timeshare myself, and I put that in the letter. My mistake for giving them free money for 6 years.
Can anyone offer any advice here? I kept this first post short, and I will gladly add any details to this post to help your answers.
If the next step is for the timeshare company to foreclose on the timeshare, what happens when a company tries to foreclose on deceased owners?
Is there any way that this can impact my credit? Again, the timeshare deed and contact was signed by my parents in 1990, not me. I was still in college in 1990.
Thanks,
Fred
This is my first post. I have a problem and I hope someone can guide me in the right direction.
My parents died about 6 and 9 years ago, respectively. They had no will or estate. I am their only child.
They owned a timeshare; bought in 1990; fully paid for; only annual maintenance fees remained which they paid every year.
The timeshare contract and deed has only their names and signatures. Not mine. This is important.
Since 2014, I committed an original sin: I have been paying the timeshare fee only because I was not sure what to do. I saw a bill, I paid a bill, simple as that. In the back of my mind, I thought that if I ever wanted to visit the timeshare, I should at least keep it out of delinquency.
This year, I have come to the conclusion that I will never visit this timeshare.
So, two months ago, I consulted an attorney to look at the timeshare deed and contract.
His conclusion was that my name is not on any timeshare contract or deed. I do not own the timeshare, and I did not inherit the timeshare from my parents.
Immediately following my meeting with the attorney, I sent a letter to the timeshare company, with death certificates, requesting a surrender. I stated specifically that I am not the owner of the timeshare, regardless of the fact that I rather stupidly paid the annual dues for 6 years. I also stated specifically that I have never visited the timeshare property myself. I may have paid the fees, but no, I have never used it.
Today, two months later, I have received a letter from the timeshare saying that the Board has not approved my request. That is literally all it says:
"Unfortunately the Board has not approved your request."
No details.
I don't understand. The owners of the timeshare are dead. I don't own the timeshare. So what if I paid them money to give me time to think. Although I paid the fees, I have never used the timeshare myself, and I put that in the letter. My mistake for giving them free money for 6 years.
Can anyone offer any advice here? I kept this first post short, and I will gladly add any details to this post to help your answers.
If the next step is for the timeshare company to foreclose on the timeshare, what happens when a company tries to foreclose on deceased owners?
Is there any way that this can impact my credit? Again, the timeshare deed and contact was signed by my parents in 1990, not me. I was still in college in 1990.
Thanks,
Fred