Tropical Breeze need help

[Moosie]

Trying to help an owner from a few years ago.

Did a search and have printed out the info, and given to the person.

I don't have all the info, but gather the original timeshare was destroyed by a huricane some time back.

That owner still has the original deed, but stopped paying the maintenance fees, and to the best of my knowledge did not pay any assesment fees either.

Question, if she is still in posession of the deed, how could her unit/week be sold? Once the units were destroyed would that make the deed worthless?

If Huricane Dean stays at bay(no pun intended) she may be in the immediate area in a week or so, and may try and go check out the timeshare.

I'm also urging her to come on TUG with the details, so she'll get some guidance. She won't be able to for a couple of weeks.

So if anyone can give me some advice to pass on, I appreciate it.

TIA

 

[Mel]

I just sent you a private message - almost missed your post because we left for vacation on the 18th, but decided to skip back and see what I missed!

The basic answer is that she doesn't own anything anymore, because if she didn't pay the assessment a few years ago, the HOA forclosed. If she somehow managed to slip through, then yes she would still own something of value - the resort was rebuilt and reopened about a year ago. The deed was never worthless, as it still entitled her to a share of the underlying property, which itself was pretty valuable.

 

[Moosie]

Thanks, I'll pass that info along to her when she returns from somewhere in Florida.

Don't know if she will get over to that area to check out the property or not, she mentioned she will try.

If she does, I'll report back on what she was told.

thanks again.