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Original Message:

Re: Getting rid of your timeshare (by R P.):

Below is what I found on one such LLC .... who then is the new owner that will be named on the deed and who will be responsible for all future fees?

"After validation, very rarely will it take longer than 48 hours for the closing company to have the new deed prepared and returned to you for signature. You must sign the provided deed and return it to the closing company. They will in turn record it with the applicable county and handle the transfer and notification requirements with your resort.

Once all the above steps are complete, and the deed is recorded in the new owner’s name, funds will be dispersed from escrow. You will receive a check for $10.00 along with a copy of the deed showing the new owner. The remainder of the escrow funds will be used to cover the closing company’s fee, resort transfer fee and our service fee".