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U S Property Laws.

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  • #16
    Originally posted by Vena
    Ten years ago I was the most open and trusting person imaginable. After my experiences with all these sales people and their companies, I’m afraid I’ve grown a little cynical. I’m not sure who’s out there. I wonder how the company got our details and knew that we’d jump at the chance when they lured us to their temporary offices on the pretence that they would buy our timeshare. Maybe they lurked around on line. Now I feel bad for being so distrustful.
    It’s week 10 at Ft Lauderdale. Beach Resort. It’s a large unit and when we deposit it we use the lock off option and receive 2 weeks in return. As I’ve mentioned, the resort has recently been refurbished and it coincides with Fleet week. The only time we stayed there it was quite good, with Orlando up the road and Miami down the road as it were. We don’t use it because I look after a family member who has great difficulty travelling; a long flight would be out of the question.
    Sorry for the delays in replyng. I've been cooking and serving dinner. It's just past 8.00pm here.
    Your distrust is understandable. But week 10 is a valuable, prime week in Florida. If you can find a way, pay your maintenance fees. Then, if you can use vacations elsewhere that are closer to home, stick around here and learn how to exchange. Most of us here travel to many different places by exchanging. Otherwise, if you can't travel, I am confident that you'd be able to sell it for something once it's no longer in arrears, and worst case you can get rid of it on ebay for $1 (but it will go for more). Heck, if you pay your maintenance fees and want to give it away, there will be at least a few folks here lining up to take it off your hands. Maybe you can get someone to take it for the back fees, depending on how much is owed.

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    • #17
      Wow! You guys sound so knowledgeable! Thank you so much...I'll do as you suggest and stick around while I decide what I'll do. That's a good idea to stick it on Ebay and see what happens.

      Actually the Ombundsman here told me that I've been mis-sold by DWVC.com and he thinks I can get my £9000.00 back. If I do I'll use some of it to pay the $3000 before putting it on Ebay.

      I'm exhausted so I'm off to bed. Thanks again and bye for now.

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      • #18
        Originally posted by Vena View Post
        Wow! You guys sound so knowledgeable! Thank you so much...I'll do as you suggest and stick around while I decide what I'll do. That's a good idea to stick it on Ebay and see what happens.

        Actually the Ombundsman here told me that I've been mis-sold by DWVC.com and he thinks I can get my £9000.00 back. If I do I'll use some of it to pay the $3000 before putting it on Ebay.

        I'm exhausted so I'm off to bed. Thanks again and bye for now.
        I am a little confused. Was DWVC supposed to take the Fort Lauderdale timeshare off your hands? I had never heard of this company, but I went to their website and see it is a UK company.

        We have a number of UK members on this website, including a moderator whose user name is KeithT. It may be a good idea to try and connect with other UK members. There is also anothe UK timeshare forum that many members who also subscribe to. It may be able to provide more info about DWVC. The web link is Timesharetalk Forum.

        I hope you can recover the 9,000 Pounds you paid DWVC.

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        • #19
          Yes . DWVC were supposed to take the TS. They took the deeds saying the will hand it back. Now I realise that they probably weren't planning to hand it back but use it in their holiday club. They knew that I hadn’t paid the maintenance for 2007 and said since it was only a matter of months in arrears they were still interested in doing this deal with me. I don’t know what’s happened but, unless I can contact them to sort it out and maybe come to an agreement I don’t feel able to resolve the matter.

          What makes it more bewildering is that the resort in Ft Lauderdale have written to me saying “unless the ‘sale’ is registered in the area in which it was originally purchased, they don’t recognise the sale”.

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          • #20
            Originally posted by Vena View Post
            What makes it more bewildering is that the resort in Ft Lauderdale have written to me saying “unless the ‘sale’ is registered in the area in which it was originally purchased, they don’t recognise the sale”.
            I think what they are telling you is that in order for the transfer to be effective, a deed fron you as seller to the buyer would need to be recorded in the county where the resort is located.

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            • #21
              Originally posted by somerville View Post
              I think what they are telling you is that in order for the transfer to be effective, a deed fron you as seller to the buyer would need to be recorded in the county where the resort is located.
              Yes, that's how it works here. The transfer in the case of a deeded timeshare week is treated as a sale of real estate.

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              • #22
                So, basically if I'm not able to travel to Florida myself I'd have to search on line for someone in real estate and appoint them to get that recorded for me. Is that right?

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                • #23
                  Originally posted by Vena View Post
                  So, basically if I'm not able to travel to Florida myself I'd have to search on line for someone in real estate and appoint them to get that recorded for me. Is that right?
                  Yes, there are plenty of timeshare closing agents around, quite a few in Florida.You wouldn't want to do it yourself anyway unless you've experience handling this type of transaction. If you sell your week on Bidshares.com, I think they even include a closing service/fee as part of the sale, though I can't vouch for that company (maybe someone else can). Otherwise, you will get recommendations here when you need one, it won't be an obstacle.

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                  • #24
                    OK, that's something else I've learned. I'm going to try to recover my £9000 as well as the deeds from DWVC but I assume that since the Ft Lauderdale resort still see me as the owner - they can issue new deeds to enable me to pay the arrears and legitimately hand them over to new owners as well as to arrange to have the transfer recorded. I do, however, have a photocopy of the original deeds.

                    I was telling my friends about this site: Glitter Brunello, I take it you and the others are experienced owners who still enjoy the timeshare experience. Are you mods due to the fact that you're so experienced?

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                    • #25
                      Originally posted by Vena View Post
                      OK, that's something else I've learned. I'm going to try to recover my £9000 as well as the deeds from DWVC but I assume that since the Ft Lauderdale resort still see me as the owner - they can issue new deeds to enable me to pay the arrears and legitimately hand them over to new owners as well as to arrange to have the transfer recorded. I do, however, have a photocopy of the original deeds.

                      I was telling my friends about this site: Glitter Brunello, I take it you and the others are experienced owners who still enjoy the timeshare experience. Are you mods due to the fact that you're so experienced?
                      It is unlikely that the resort will issue new deeds, but the county clerk's office should be able to help you - not something I've had to do before, and you may not even need the originals as long as new deeds for the new transfer are recorded. Again, don't take my word on that, I am not certain how that part will work, though I don't think I ever surrendered my original deeds as part of a transfer, even in Florida.

                      You are correct in that this site is dedicated to helping people enjoy the timeshare ownership experience. Many of us own multiple timeshares and enjoy lots of great vacations through them, primarily through exchanging them for other locations (though there are other ways). The Mods here are volunteers, admittedly we do have a fair bit of experience with timesharing, though we have many non-moderator members who are also very knowledgeable. Some of us admit to being "timeshare addicts."

                      Our areas of "expertise" varies based on what we own, which exchange companies we use, etc. Take a look at the various "Forums" here to get an idea.

                      If you think you might be able to travel once or twice a year, your timeshare, especially because it is a good week for trading purposes, can give you great vacations at a reasonable cost. But if you aren't able to take the time, it will continue to be a drain on your wallet.

                      Ok, real life calls, back later.

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                      • #26
                        Originally posted by somerville

                        We have a number of UK members on this website, including a moderator whose user name is KeithT. It may be a good idea to try and connect with other UK members. There is also anothe UK timeshare forum that many members who also subscribe to. It may be able to provide more info about DWVC. The web link is Timesharetalk Forum.

                        I hope you can recover the 9,000 Pounds you paid DWVC.
                        Thank you Somerville the is really helpful.

                        Comment


                        • #27
                          Originally posted by Vena View Post
                          OK, that's something else I've learned. I'm going to try to recover my £9000 as well as the deeds from DWVC but I assume that since the Ft Lauderdale resort still see me as the owner - they can issue new deeds to enable me to pay the arrears and legitimately hand them over to new owners as well as to arrange to have the transfer recorded. I do, however, have a photocopy of the original deeds.
                          You do not need the original deed to be the owner. Handing over your original deed to someone else does not transfer title. You need to execute a new deed from you as seller to the new buyer in order to complete the transfer. The deed then should be recorded in the county where the resort is located. In order to record a deed, it needs to be acknowledged by a notary public (notary is not a lawyer in the US). There are special rules for foreign acknowledgements.

                          You can always obtain a certified copy of your deed from the county recorder. However, since you already have photocopies, there is really no need for you to obtain a certified copy.

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                          • #28
                            Not that it mattes now but I hate inacuracies so I'd just mention that, after reading through this thread again, I notice that I incorrectly typed my week as week10; that was mistake; it's week 17. After checking through my paperwork, everything was accurate.

                            Going to the UK forum mentioned above has proved to be very enlightening. What a pity I didn't find it earlier.

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                            • #29
                              Originally posted by Vena View Post
                              Not that it mattes now but I hate inacuracies so I'd just mention that, after reading through this thread again, I notice that I incorrectly typed my week as week10; that was mistake; it's week 17. After checking through my paperwork, everything was accurate.

                              Going to the UK forum mentioned above has proved to be very enlightening. What a pity I didn't find it earlier.
                              Week 17 is not going to trade as well as week 10, so I would pull back on my enthusiasm. It's not a bad week, like a hurricane season week, but it is "shoulder season," rather than peak demand. If it is still Fleet Week, I'm not sure how that factors in to timeshare demand. I'm glad the UK forum is helpful. And don't beat yourself up too much, a lot of people get taken by the timeshare weasels, they are very effective when it comes to the "new to timesharing" consumer on which they prey.

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                              • #30
                                very effective...ditto...very effective little weasels

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