The transferring of a timeshare title of vacation ownership is not complicated, but it is necessary to do it correctly for the buyer and sellers peace of mind. Following is a Timeshare Transfer of Title Checklist which ARDA-ROC published on their website. Advantage Vacation feels it is an effective tool that timeshare owners can use as a guideline when transferring their title. We have copied it in its entirety for your convenience. “Timeshare Transfer Company Checklist The following checklist is for your use when interviewing prospective timeshare transfer companies you might choose to hire to help you transfer your timeshare title. To ensure you have the information you need prior to signing a contract or paying any fees to a transfer company, ask them to complete this form and return it to you or use it to ask them all these questions when they contact you.
1. What is the name of the owner or CEO and the permanent business address of the company you represent?
Owner Name __________________________________________________________________
Company Name ________________________________________________________________
Business Address _______________________________________________________________
City ____________________________ State _____ Zip ______________
How long has the company been in business under this name? _____ years
Is the company registered to do business in [state listed above]? __Yes __No
2. How long from the time that I pay you (or I sign an agreement) will your company provide me with transfer services:
Length of time resale activities will be provided ____________________________________________________
Beginning date_______________ Ending date _________________
3. Please tell me the name, business address and website of any other companies that are affiliated with your company that might help you provide transfer services:
Affiliated Company Name ________________________________________________________
Affiliated Company Address _______________________________________________________
City ____________________ State _____ Zip ________
Affiliated Company Website(s) _____________________________________________________
4. How can I be assured that you will transfer my timeshare out of my name as promised?
____________________________________________________________________
5. May anyone else—other than me as the timeshare owner—occupy, rent, exchange or use my timeshare during the term of our agreement or during the time you are providing me with transfer services? __Yes __No
6. Will any other person or company other than me as the timeshare owner receive money or other benefit generated from the use of my timeshare before it is transferred?
Name _______________________________________________________________________
Address ______________________________________________________________________
City _________________________ State _____ Zip ________
7. Please describe your timeshare transfer process and all fees from beginning to end.
Transfer Process________________________________________________________________ Fees and Costs for Services _________________________________________________________ 8. If your fees, costs or commissions go to pay for the services of a licensed real estate broker or salesperson, please tell me the state or states where broker or salesperson has a license(s) and the name under which the license(s) is held.
Name _______________________________________________________________________
License Number ______________________ State _______________
9. Will I be required to sign a power of attorney? ___Yes (Please provide me a copy in advance.) ___No
10. What will you do with my timeshare after it is transferred out of my name? _________________________________________________________________________
11. Provide the name and address of the individual or company that will own my timeshare after the transfer is complete.
Name of Individual or Company
_____________________________________________________________________
Address_________________________________________________________________
City _________________________________ State _____ Zip ______
The new owner is:
__ Corporation or LLC:
Company Name______________________________________________
Phone number ______________________ Federal EIN _________________
__ An individual person:
Name__________________________________________________________________
Address _________________________________________________________________
City _______________________ State _____ Zip _____
Is the company or individual affiliated with your company? __Yes __No
12. Please provide the names of all of the documents I will have to sign: ______________________________________________________________________ Can I see the documents first and have my attorney review them? __Yes __ No
If No, why? _______________________________________________________________________
13. Please provide a timeline, from the date I sign an agreement to the date my timeshare is transferred ____________________________________________________________________________
14. Are there any fees or costs that I must pay or reimburse to you in addition to the initial up-front fee?
__Yes __No
If Yes, how much and what are they for? ______________________________________________________
15. How soon will the transfer be complete (should not exceed 180 days after signing the agreement)? _____________________________________________________________________________
16. Please provide me with the name and address of the person or company who is responsible for paying all of my maintenance fees and expenses after you transfer my timeshare.
Name ________________________________________________________________________
Address _______________________________________________________________________
City ___________________________ State _____ Zip _______
17. On what date will the person or company be obligated to start paying my maintenance fees? ______________
18. Will you provide me with written evidence of the transfer of ownership of my timeshare, including a copy of any recorded documents within 30 days of the date of the transfer? __Yes__No
If No, why? ____________________________________________________________________
19. Will you notify the following within 30 days of the day my timeshare is transferred out of my name to a third party?
The managing entity or owners’ association of my timeshare __Yes __No
If No, why? ____________________________________________________________________
(If applicable) The exchange company for my timeshare __Yes __No
If No, why? ____________________________________________________________________
20. Please provide me references–a list of names and phone numbers of other timeshare owners who have used your transfer services.” Advantage Vacation is a licensed timeshare resale brokerage located at the Lahaina Cannery Mall in Lahaina, Maui. We specialize in Maui timeshare resales and Hawaii timeshare resales of name brand timeshares.
We can assist you in purchasing Hilton timeshare resales on the Big Island or the island of Oahu. We also have Marriott timeshare resale listings on Maui and several of the other Hawaiian Islands. If you are a fan of Westin, we would be happy to assist you with the purchase of a Westin timeshare resale. Advantage Vacation is a member of the American Resort Development Association (ARDA) and offers the best buys on the timeshare resales market today. We never charge an upfront fee for clients who want to sell a timeshare and only receive a commission, paid from escrow, when the transaction is closed.
We are leaders in the timeshare resale secondary market, have been in the timeshare industry for over 30 years and are Accredited Members of the BBB with an A+ Rating. Advantage Vacation is using Twitter and Facebook to help educate people on the changes in the timeshare industry along with current timeshare tips, up to date timeshare news and timeshare FAQ’s.
We hope you will follow us and our blog, Timeshare Blogging by Advantage Vacation for the latest timeshare news and reviews. If our site does not answer your question or questions, please email us your question and we will answer it and add it to our library. Make your voice heard – what questions do you have?
At Advantage Vacation you can be assured you are working with professionals who believe that honesty and integrity are the most important aspects of the business they are in – timeshare resales. Our business has been built on relationships and we pride ourselves on providing excellent service to our clients.
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