They asked him to put it in his name and I don't think he did, so unless the estate still has assets, their chances of collecting are either very difficult or impossible.
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A way out of a timeshare-especially at the 30 year ‘‘extension of the term" meeting ?
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Originally posted by tonyg View PostThey asked him to put it in his name and I don't think he did, so unless the estate still has assets, their chances of collecting are either very difficult or impossible.
But OP believes he has an obligation because the resort is implying he does...but actually he does not as stated above.
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Perhaps he will return and tell us why he's upset about having to pay for something he doesn't have to pay for, or why he thinks he does.RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick
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I had just heard from others that the ownership continues in perpetuity. It's owned by a person. When they pass it becomes part of their estate, and the responsibility of the inheritors of the estate to continue on with paying the maintenance dues.
It appears JLB that your saying that if my dad's name is the only one on the deed, which it is, that we don't have to transfer the deed to our name, and we just don't bother having any communication with HSVC. That is probably the strategy that we will take. Just in case there was an issue in the future, I also wanted to check and see if there was an instrument that I could file in the county court to contest my dad's ownership based on the meeting for the extension conducted without consideration of the owner's desire to continue ownership, and that it was held out of order.
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You are SOL on the extension meeting, but since it's not your property, go about your li8fe as if you don't own it, since you don't own it. They are telling you to transfer it to your name so they can nail your butt.
You are one of the lucky ones.
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In the outside chance that the timeshare was given to you in your Dad's Will, or intestate, or by beneficiary deed, or any other way, you must disclaim it:
https://www.google.com/#q=disclaimin...an+inheritanceRCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick
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If one has followed the history of class-action lawsuits in the timeshare industry, you quickly see they normally do not provide the desired result. Typically the law of unintended consequences prevails.
The most notorious one, against RCI, which set out to put an end to RCI practices that are not favorable to timeshare owners, actually served to legitimize those practices, and to set out the manner in which they are carried out.
In lawsuits there are normally two winners, the attorneys representing each side.RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick
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Interesting that I stumbled onto this thread viewing Who's Online, and a Guest was viewing it.
Interesting because I/we just bought a week at a resort where one of those 30-year decisions is looming. For some reason, it has never occurred to me that that would ever be an issue.RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick
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