Jim;
Were you able to find and use a Quitclaim Deed for Hawaii timeshare?
Hi seitzsteamboat,
I did do a property transfer in Hawaii between an owner and myself without using a closing company. But, it was a nightmare. I learned a great deal in the process.
If you want to do the same thing, here is what I would suggest.
1) You and the seller must be able to come together at the same location to have documents notarized. If this is not possible, forget the idea. There will always be some final detail that you missed, and if the parties are not together, it can be problematic and time consuming.
2) Start with a copy of the current (soon to be previous) owner’s Hawaiian Interval Conveyance Deed. Recreate it completely making all of the necessary changes to indicate the current owner as the Grantor and you as the Grantee. Carefully verify that you have made all of the necessary changes throughout the entire document..
3) Keep the copy of the current owners Hawaiian Internal Conveyance Deed. You will need to supply the Hawaiian Bureau of Conveyance with this document proving that the current owner as Grantor has clear title to sell the property to you.
4) Once you have settled the payment and had the documents notarized, you must begin the process of dealing with the Hawaiian Bureau of Conveyance.
5) You will have to acquire and complete the Hawaiian Bureau of Conveyance Documents for Recordation. They suggest that with your submission you should include a self-addressed stamped envelope if you ever want to hear anything back from them. You need to complete a Conveyance Tax Certificate form P-64A . Include a check for all tax fees required. Include an additional $30.00 for the deed transfer. Make sure that the (ICN) Internal Control Number is included in the Deregistration of Certificate of Title cover page to all documents. Send all documents including your newly created Interval Conveyance Deed and the similar old deed from the current owner. For all I know, there may even be new things required.
6) Send all of this to the Hawaiian Bureau of Conveyance and begin to pray. As an alternative, begin to call the bureau and find out what else they are requiring. Be prepared to call again and again … Every so often you will get a human.
If you have owners that want to use a Quit Claim Deed, put the entire onus on them to do all of the necessary work with Hawaii. It should be their responsibility to complete the Hawaiian transaction. Once you have a copy of the new Interval Conveyance Deed recognizing you as the new owner, then you can begin communications with the Title Service at the timeshare entity. It will be helpful for you to have a copy of the original letter from the timeshare resort welcoming the now previous owner as the new owner into the timeshare resort. This will help the resort in locating the documents from the previous owner. Be prepared to pay the resort transfer fee.
You are setting out on a slippery slope. Are you a good skier? With a name such as “seitzsteamboat”, you should be. Do not volunteer to do the closing unless you like having control of every situation. But, you will find out very quickly that you have no control over the Hawaiian Bureau of Conveyance.
I hope that this helps you a bit. Good luck.
Jim
