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Worldmark Deed or Right To Use records?

Anthony Schmid

TUG Member
Joined
Dec 13, 2016
Messages
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Location
Orlando, FL
Resorts Owned
Grandview at Las Vegas, Elara a Hilton Grand Vacation Club, The Jockey Club, Hilton Grand Vacation Club at Coylumbridge, Hilton Grand Vacations at Craigendarroch, Hyatt Residence Club at Coconut Plantation, DVC Saratoga Springs
Is there a county web site or somewhere that we can check to see where the credits are recorded? I understand that Worldmark does not record a deed.
 

DaveNV

TUG Review Crew: Expert
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Mesquite, Nevada
Resorts Owned
Free Agent
There is no recording, per se. WorldMark is a membership club. Your name is on the contract with them. When you sell, your name is replaced with the new owner's name. No county recording required.

Dave
 

ecwinch

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Location
San Antonio
Resorts Owned
Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
As Dave describes. Worldmark is a non-profit mutual benefit corporation that essentially holds the property in trust for the members and contracts for the management of the resorts. The corporation has no employees, only contractors and service providers.

In each county/state that Worldmark has a resort in, a Declaration is filed reflecting the Club's ownership of the property. I dont believe that the credits are recorded at the county level, as that is based on the number of units, and credits assigned.
 
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