The simplest way to pass on, sell, or buy a timeshare is through a private transfer of ownership. The demand for these transfers is on the increase! Have you enjoyed the use of your timeshare for many years and now wish to transfer it to someone else? Have your personal or financial circumstances have changed, or are you no longer able to travel? A private transfer of ownership can be a tricky process.
“I’ve Found a Buyer – What Do I Do Next?”
Travel & Leisure Group Legal Manager Paula Cox says, “The majority of our calls are from owners looking to do a private transfer of ownership to a friend or family member, or even someone they have found through online searches. Unfortunately, they usually have no idea where to start. Some resorts hesitate to make information about their transfer process freely available, and it can be a cause of anxiety. Travel and Leisure Group can offer private individuals and business a full and legal transfer service at very reasonable prices.”
“We offer free no-obligation quotes to all enquiries,” she continues. “These quotations include an overview of the transfer of ownership process, along with required transfer documentation. Our clients love the service we can provide. We already have relationships with the resorts and management companies. Our staff have many years’ experience in club certificates, warranty deeds, and even bespoke legal documents.”
“Why Do I Need to Use a Private Transfer of Ownership Service?”
When you go on holiday, you essentially rent your accommodation for the length of your stay. Therefore you won’t need to sign much more than the accommodations own set of terms and conditions. However, owning the rights to use a week or points each year involves much more paperwork. In some cases, this can be extensive.
This can, in turn, make a private transfer of ownership to someone else a real headache. The transfer process can vary hugely between different resorts and development companies, as each one has their own requirements. For example, an Escritura (Land Registered Title) or an American Warranty Deed are complex ownership structures. You must follow procedures for the assignment and registry of these to the letter. This can be very difficult without the correct knowledge and industry know-how.
For example, did you know that companies such as Westgate Resorts and Marriott have a ‘Right of First Refusal’? Did you know that all Warranty Deeds require the services of a Notary Public to verify the documents? Documents for transfers at resorts such as Anfi Group also need notarisation.
All these transfer processes can be very confusing without the help of an independent transfer or conveyancing service. We are in our twenty-fifth year of transferring weeks and points, so why not leave it to our in-house experts?
Safe Hands Guarantee
It is Travel and Leisure Group’s Safe Hands Guarantee that protects both sellers and buyers. We are an affiliate of industry authorities such as RDO and ARDA. This means that you can trust our company to follow all relevant legislation and guidelines.
Full legal and inventory checks are carried out prior to the issue of contracts. Consequently, this ensures that there is nothing standing in the way of your transfer of ownership.
We also use an independent trustee to hold all monies related to the sale in a trust account. You can be sure that your money will not go astray and will only be released upon completion of your private transfer of ownership. We are the only company where monies are deposited into a trust account; administered by independent trustee FNTC (First National Trustee Company).
Paula adds, “I’m delighted to say that our transfer of ownership reputation has grown considerably over the years, and our service is being recommended by resorts and past clients alike. I’m extremely proud of this service and the fact that we are being recommended by so many people. This is due to the team around me and their dedication to providing the highest standard of customer service.
We have many satisfied clients who have used our services over the years. Don’t just take our word for it, though – take a look at our client testimonials.
Timeshare ownership is an investment in lifestyle rather than an investment for return, so why not create a lifetime of great memories?
If you’re looking to transfer your ownership to someone else, don’t hesitate in contacting Travel and Leisure Group at your next convenience. You’ll receive first-class service from our friendly Legal and Conveyancing Department. They will be able to give you comprehensive advice and recommendations from over two decades’ worth of experience in timeshare resale. Travel and Leisure Group: safe hands in an uncertain world.