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Re: Getting rid of a time share. (by Carvan A.):
irinap5 wrote:I am in a lot of trouble please help someone. I have a timeshare with vacation village at weston, and i am in desperate need to get rid of it. I got a call from vacation village resort member services, after speaking with the guy about the timeshare i told he i wanted to get rid of it, and that i would even do it for free, just sign it over. He told me he would call me back on his own time , which he did and i agreed to sign over the timeshare to him with a quick quit claim deed that he send me. I filled it out and got it notarized and sent it back and the was it. It has been two months since then and he has not recorded the deed to this day, i can't find him, he won't answer my calls. I don't know what to do, someone please help.
You have placed yourself in a state of limbo. You are asking for advice after the "horse is out of the barn". It is too late but you should have insisted upon at least a dollar consideration evidenced by a check signed by the donee (buyer) coupled with a signed contract reflecting your agreement. With three documents in hand - a cancelled check for $1 payable to you for the timeshare, a contract signed by the "buyer" indicating his agreement to the transfer and an executed quit claim deed transferring title to him - you should have then recorded the deed yourself in the appropriate county or parish. Then you should have notified the resort and paid the transfer fee to get the title recorded on the resort's books in his name. Having failed to do the above it is a little late to asks for advice.
Still, there may be hope for you. Was there an accompanying letter signed by him when he sent the quit claim deed to you in which he agreed to take title to the property? If so, keep this letter secure for future reference if needed. Then, send a certified letter to him at his last known address notifying him that if he does not record the deed within a stated period of time - e.g.,30 days, you will record a substitute quit claim deed to replace the one he "apparently lost". If you don't have a signed letter from him or at least something signed by him reflecting your agreement you are at his mercy. As I said, you have placed yourself in a state of limbo. He can hold the quit claim deed until he has a buyer and then record it or failing to find a buyer he can just destroy the deed. Folks desparate to rid themselves of an unwanted timeshare are easy prey for this type of scam.