We own at Westgate and want to move on from our timeshare. I have someone (not a family member) who wants it. We contacted Westgate, they said we have to do a ROFR with them, but wondering why we cant just do a quit claim deed to the new owner? We received the timeshare from my FIL who quit claimed it to us, so why cant we do the same to a new owner?
Anyone have any experience with this? No money is changing hands.
You won't find many Wastegate fans here, but you asked a question. Here's my take. You can certainly prepare a quit claim deed, send it with it's attendant fee to the county where the TS is located, and the county will register it in the name of the new owner. But then when it gets submitted to Wastegate, what do you do if they refuse to transfer the membership and benefits to the new owner? Wastegate is famous (or is it infamous?) for stripping benefits from resale acquired intervals. They disallow resale owners from internal exchanges, or for reserving floating weeks other than their deeded week, forcing owners who want to exchange to simply deposit the deeded week into the exchange company (RCI or II).
Congratulations on finding a potential new owner and divesting yourself from their clutches, but transferring the ownership will require some cooperation on Wastegate's part.
If you want to have a transfer agent assist with re-deeding the interval, many TUGgers use
www.LTTransfers.com They are TUGgers and offer their services at reasonable cost. Good Luck!
Jim