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Transfer of timeshare to children

pinseeker

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If we want to transfer the ownership of one of our timeshares to our son, (just give it to him), what do we need to do?
 

Gophesjo

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It depends on where the timeshare is, and if it is deeded real property or not, but if it is real property, in most states what you will need to do is prepare and execute a deed transferring the property interest into your son's name, record that deed with the county where the timeshare property is located, and then notify the resort of the transfer (paying them a fee, of course, to reflect that transfer in their records).

There are all kinds of variations, but this is a very basic outline of what - more often than not - the process looks like. If it is a 'points' timeshare, or a RTU contract rather than a deed, the process may look either slightly different, or perhaps even totally different. There are other kinds of factors that contribute to needed variations in the process as well.

We can help you more if you tell us what kind of timeshare interest it is, and where it is located.

Finally, does your son want the timeshare? If so, does he understand what the implications are?

Joe
 
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ronparise

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handle it like you would a sale to anyone else...prepare a deed, record it, send it to the resort and pay their transfer fee
 

vacationhopeful

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Welcome to TUG!

I agree with Ron advice. There are a couple of small firms who will assist you for around $125-150 per deed. Many resorts have an additional transfer fee.

I have used Lisa and Mary at timeshare transfer with an email address of readylegal@gmail.com.
 

bogey21

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Some resorts, usually the smaller independents, will do all the paperwork for you for a small fee. If you own at such a resort, why not call them and ask?

George
 

theo

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My $0.02 worth...

If we want to transfer the ownership of one of our timeshares to our son, (just give it to him), what do we need to do?

The first step, with all due respect, is to overtly and clearly determine that your son even wants this permanent financial committment and burden at all in the first place. Sometimes a "gift" is actually not a "gift" at all.....
 
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