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Re: Getting rid of a time share. - Deed in Lieu of Foreclosure

I received an offer to proceed with a deed in lieu of foreclosure as a result of not paying MF...I researched the deed, as I never had a copy, only to find out that it lists on the deed the name of my son who was a minor when I purchased it. He never signed a P & S agreement, so this was a recording error. I want to sign the deed in lieu and give it back, but he does not want to sign it because he was never liable for any MF. There is no mortgage only past due MF. If I sign this will I be liable for the prior MF? If they do not have his SS# and if he signs will make him personally liable? Will it affect my credit or both of our credit reports? Also they want to give us $125.00 for the recording fee.