Timeshare Transfer Agreement

Your first point of contact, whether you want to transfer or sell your timeshare, is to go to your place of origin where you bought your timeshare in the beginning. Transferring title deeds to your time-sharing document is a simple matter of paperwork and registering a name change that your resort should do for a reduced administrative fee. The station management does all the paperwork for you, so you have to sign on the dot line to issue a new certificate in order to transfer your timesharing property to someone else. If your property is contractually agreed with you for a maximum of 80 years, which was the case in the 1990s, these have been called “permanent contracts”. If you own on this basis, it is best to go directly to your station to see where you stand, as different stations are subject to different rules. Many stations now introduce short-term ownership options ranging from three and five years to 10 and 20 years, so ownership can be transferred to the station at the end of the contractual ownership period. Homeowners have the option to acquire an additional holding period or even upgrade to a higher membership level offering many benefits and lifestyle benefits. Even if you own a timesharing as part of a “permanent contract,” your resort may consider a family member or friend who takes over the timesharing property on a shorter basis. If your resort is a time-sharing club, the transfer process is relatively straightening, as there is usually an agent who does not intend to transfer – see below. Alternatively, your resort can take back your belongings at no cost to yourself and without transfer. But the first step should be to open the lines of communication and talk to the station to see what your options are. Among the circumstances in which an RDO member resort is required to withdraw the timeshare is the illness, bankruptcy or death of a co-owner. These are all situations where you may be allowed to return your timeshare to the developer as long as the administrative fee is paid up to date.

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