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Vistana, Westin & Sheraton Deedback program

tschwa2 said:
Only the seller has to have a deed notarized. WLR may not need it at all since it isn't deeded. I don't know. When you go to sell or do a deed back on SVV it will require a US notary.
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Chances are the recorder didn't even verify that it was a US or Canadian notary. In Orange County FL (where SVV is), you could send them a gum wrapper and they would record it.
 
goaliedave said:
Wrong. It depends on the resort / state. My purchases have been 50-50.

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It certainly wouldn't be based on the resort. A resort may or may not accept it, but that doesn't make the transfer legal and it could be challenged or cause problems with title down the road.
 
tschwa2 said:
Only the seller has to have a deed notarized. WLR may not need it at all since it isn't deeded. I don't know. When you go to sell or do a deed back on SVV it will require a US notary.
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Wrong. I've been buyer and had to get notarization.

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goaliedave said:
Wrong. I've been buyer and had to get notarization.

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I believe only Louisiana requires a deed to be notarized by both the seller and the buyer? Where was the property located that you purchased? You are telling a lot of people they are wrong without actually providing any details to these transactions you speak of.
 
dioxide45 said:
I believe only Louisiana requires a deed to be notarized by both the seller and the buyer? Where was the property located that you purchased? You are telling a lot of people they are wrong without actually providing any details to these transactions you speak of.
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Others have posted the same. Perhaps starting a list would be more helpful than unsubstantiated 'never' posts.

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There are a number of resale companies that require you as a buyer to get something notarized but that is just a company policy. There are also developers that may require some sort of notarization before they would allow the transfer again that would be the resort policy not a legal requirement. I was not aware of any states with Vistana deeds that require the buyer to have a notarized signature in order to record the deed.

When it is a resort policy or a resale company policy they may allow you to use a Canadian notary. In order to legally record a deed all 50 states require the seller to notarize the deed (with a US notary) and some may require additional witnesses.
 
tschwa2 said:
Only the seller has to have a deed notarized. WLR may not need it at all since it isn't deeded. I don't know. When you go to sell or do a deed back on SVV it will require a US notary.
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We also sold SVV without problem with canadian notary. And each of our purchases of WLR required a notary
 
tschwa2 said:
There are a number of resale companies that require you as a buyer to get something notarized but that is just a company policy. There are also developers that may require some sort of notarization before they would allow the transfer again that would be the resort policy not a legal requirement. I was not aware of any states with Vistana deeds that require the buyer to have a notarized signature in order to record the deed.

When it is a resort policy or a resale company policy they may allow you to use a Canadian notary. In order to legally record a deed all 50 states require the seller to notarize the deed (with a US notary) and some may require additional witnesses.
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As you can see from others' posts you need to do more research. Perhaps searching for the threads on notaries and reading them would be quickest way for you to catch up.

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byeloe said:
We also sold SVV without problem with canadian notary. And each of our purchases of WLR required a notary
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Yes, there are many posts here on tug of buyers using Canadian noraries. Not unusual for USA folk to learn about Canada :)

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so I emailed resale.operations@vacationclub.com and asked them to deed back my EOY SVV Bella 2BR gold with 67,100 staroptions, and they emailed me back in 2 hours saying they'll take it. They're sending me the deedback packet for me to sign and notarize. That was quick.
Now I'm 2nd guessing myself if I want to keep it or not.
 
needvaca said:
so I emailed resale.operations@vacationclub.com and asked them to deed back my EOY SVV Bella 2BR gold with 67,100 staroptions, and they emailed me back in 2 hours saying they'll take it. They're sending me the deedback packet for me to sign and notarize. That was quick.
Now I'm 2nd guessing myself if I want to keep it or not.
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I just received that Fedex packet yesterday. signed and notarized all the paperwork today and fedex'd back with their fedex label.
So easy
 
Has anyone had Sheraton/Westin agree to a deedback lately? I have a bunch of Sheratons that I rent out, but I'm not sure anyone will be renting them this year. If Sheraton would just take a deedback, that might be the best option for me. But, I din't know if Covid-19 has stalled their deedback program.

Also, Needvaca, how long was it from when you asked to do a deedback, and when you got your paperwork?
 
JudyS said:
Has anyone had Sheraton/Westin agree to a deedback lately? I have a bunch of Sheratons that I rent out, but I'm not sure anyone will be renting them this year. If Sheraton would just take a deedback, that might be the best option for me. But, I din't know if Covid-19 has stalled their deedback program.

Also, Needvaca, how long was it from when you asked to do a deedback, and when you got your paperwork?
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The deed back program is still running, I initiated mine this week.
 
Just sent back my ppwk. The process begins.
 
I deeded back a 2 bedroom lockoff at Westin Desert Willow in 2019. I paid the fees at the beginning of the year, and then I contacted them, by phone, telling them I wanted to deed it back to them. At first they sent paperwork to fill out as if I wanted to sell it, but telling me they were not currently purchasing anything, but they would hang on to the paperwork in case that changed. I contacted them again, by email and said I just wanted to deed it back to them. It ended up being about a 4 or 5 month process before I received paperwork saying the deedback was complete. The only cost on my end was the cost of a notary when doing the paperwork, so it was a fairly easy and painless process.
 
I had called to ask some questions about banking options for a unit I had for sale. They offered deed back at no cost and gave me 7 days to respond. I have started the process on 2 units. One is PGA in FL which has been difficult to do anything with so I am pleased. It was jointly owned and the other owner died and FL is difficult to resolve this type of issue without spending a lot of money.
 
TUGBrian said:
According to ARDA, vistana resorts (including sheraton and westin) have an official deedback/surrender program with info available here:

https://www.vistana.com/exit

adding this as a sticky for this forum for those who might be in these situations (and hope to funnel away some from upfront fee scammers)

the most recent update to this program for folks that dont want to read thru 8 pages of replies!) However the summary is that Marriott is indeed working towards taking back any US based Vistana ownership that is both paid off and not delinquent in fees. However as they work thru the migration/merger, there are some expected growing pains!

https://www.tugbbs.com/forums/index...n-deedback-program.291395/page-7#post-2335398
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I am in contact with the Vistana deed back program, it is real and I will be doing the deed back with no compensation for my 2 timeshares. It will be nice to get out of the annual $6000 fees. I will receive no compensation.
 
Ginny LASKOWITZ said:
I am in contact with the Vistana deed back program, it is real and I will be doing the deed back with no compensation for my 2 timeshares. It will be nice to get out of the annual $6000 fees. I will receive no compensation.
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Ginny- what do you own? Sometimes there is value if you sell it. You can list it on TUG.
If you let us know, we can tell you if there’s value
 
I deeded back two Vistana properties. I chose the two with the highest cost per StarOption. Very fast initial response. Yes, a notary was required. Final paperwork took several weeks. Be sure to use or deposit (Interval International) your week before deeding back. You can do that, and they advised me to do that.
 
I guess hell has frozen over. They have agreed to take my Broadway plantation unit back! They gave me seven days to accept their offer. I will miss being able to use RCI to trade into Las Vegas, but I think I will miss it less than the maintenance fees.
 
Jamy said:
I guess hell has frozen over. They have agreed to take my Broadway plantation unit back! They gave me seven days to accept their offer. I will miss being able to use RCI to trade into Las Vegas, but I think I will miss it less than the maintenance fees.
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RCI Extra Vacations and Last Call are always available for Las Vegas. And for very close to the Exchange Fee.
 
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