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Deeds and "deedback" fees... (by KC):

markl18 wrote:

Why would it cost $1200+? I'm no attorney but I'm under the impression you can get a blank quit claim deed just about anywhere, execute it, and walk away. Maybe somebody "out there in Redweek Land" can clarify my impression.

Your "impression" is not correct. To be legally valid, a deed (any deed; it doesn't matter whether it's a quit claim deed or a warranty deed) requires acceptance by the "grantee". In essence, this means that the "grantee" in any deed must be a knowing and willing recipient. You cannot just unilaterally "execute" a deed as "grantor" without an informed and willing "grantee" and then "walk away". If that was legally possible, anyone could just pick a random name out of the phone book to "deed" over a timeshare they don't want anymore to a new (but unwilling and unsuspecting) "grantee". Any such deed would be void.

As far as the fee goes, resorts essentially charge whatever they please for (valid, lawful) "deedbacks". A representative low end figure would be about $250. Some resorts charge the equivalent of 1-3 years of the annual maintenance fee amount to accept a deedback. Some will not consider or accept a deedback at any price. Figures and practices are basically all over the map, with no real consistency or pattern.