Why Should You Seek Help of Timeshare Users Group

Timeshare deed is the warranty deed ensuring that the owner has legal right to the property. Deed typically is a set of documents pertaining to particulars that are signed and delivered to one who has the ownership of the property or legal right. While selling or transferring a property, you need to transfer your timeshare deed to a new owner. You can this on your own or can take help of legal consultants of timeshare users group (TUG). These legal firms are knowledgeable with various State laws and know the legal route of tackling the developers.

Why do you need a help of TUG?

Selling or transferring timeshare is a great task. There are major pitfalls that should be taken care of while transferring the ownership. For this very reason, timeshare owners take help of TUG. The legal advisors of TUG help in preparing a deed for selling or transferring the property. Timeshare Deed is an important step for ownership transfer. Let us take a look at steps involved in documenting deed:

Step 1: Purchase and sale agreement

·         Contact both parties to verify information provided

·         Send credit card authorization form to buyer

·         Send purchase and sale agreement to both parties

·         Take original documents from the seller

Step 2: Confirm seller’s deed

·         Call resort to confirm estoppel fee.

·         Send estoppel release form to the resort and collect record of current maintenance and special assistance fees

Step 3: Create new deed

·         Get the original deed notarized by seller

·         Send pre-closing statements to both buyer and seller

Step 4: Recording the timeshare deed

·         Check the authenticity of the resort

·         Make copies of the deed and send to the recording office

·         Check online to ensure that deed is recorded correctly in the public record database

Step 5: Resort transfer

·         Submit notarized deed to the resort

·         Copy of the new deed and resort transfer fee is sent to resort

·         Escrow funds are released to the seller

Without the help of legal professionals, timeshare transfer course of action wouldn’t have been possible. Timeshare users group have been able to resolve litigation problems of the timeshare world. Today, thousands of timeshare owners with timeshare cancellation, selling, transfer, and fraudulent activities seek the help of dedicated attorneys. It is no more a nightmare.