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Trustee Deed for Aruba Surf Club (by Tad G.):

So here is the update so far. I contacted owner modifications at Marriott. They said no deed was necessary because it was a right to use ownership. Therefore, the debtors or bankruptcy trustee would have to send the original share certificate back to Marriott and request and external transfer pack. The bankruptcy trustee contacted Marriott and requested the transfer pack and contacted the original owners to get the share certificate. Marriott has decided to not excercise their right of first refusal, so the purchase price of 3000.00 stands. Once the share certificate and external transfer pack is completed, I will pay marriott for the 2010 overdue maintenance fees and for the 2011 maintenance fees. Ownership week is week 46, which I believe is around thanksgiving. Hopefully the process will go quickly enough to get use this year. If not, I still will have a decent week in the marriott system, for around 6000.00. I don't know yet how it will trade or what the term limit is on the rtu certificate. My research has led me to believe it is around 40 more years....give or take. Thanks for all the help. I will keep the thread posted. Thankfully, it does not seem like I will have to do any court recording or closing...as it is done entirely through marriott and the bankruptcy trustee........ More to come...