Original Message:
Lawful and effective "exit"... (by Lance C.):
nicoler375 wrote:What exactly is a "deedback" and do you get any money from doing it?
A deed back is when an owner contacts the resort (or more specifically, the resort's Homeowners' Association) to see if it will accept the owner's unit back. Some HOAs will, some won't. It doesn't hurt to ask. However, you will not get any money back for it. In fact, some will even charge the owner some sort of fee to do so. These fees are usually between $250-1000.
The advantage of this is that you do not have to deal with a shady law firm like CLG. You deal directly with the resort for a clean, legal transfer.