Please help! Anyone!?!
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Original Message:
Transfer ownership to legally constituted LLC (by R P.):
lancec13 wrote:There have been various management companies and HOAs trying to crack down on these transfers where the new "owner" deliberately defaults on maintenance fees. Some may be looking at fraudulent conveyance.
As Lance stated, catching bogus charities and LLCs taking ownership of timeshares and then forcing a foreclosure is becoming a thing of the past .... many management companies and HOAs are making sure (verifying) that transfers are not to bogus charities or LLCs.