California Deed to Time Share Condominium with Covenants of Title

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Multi-State
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US-02717BG
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Description

Time share is a type of property right under which the purchaser of a time share has access to the 'share' they own in a property for a specific 'time'. Time-shares have been sold for cruises, recreational vehicles, campgrounds, and many other types of properties, but their most popular use is for shares in condominiums at timeshare resorts.


A Warranty Deed s provides the most protection against defects of title- covenants that the grantor has title to, and the power to convey, the property; that the buyer will not be disturbed in possession of the land; and that transfer is made without unknown adverse claims of third parties. A Special Warranty Deed only that the grantor held good title during his or her ownership of the property, not that there were no title defects when others owned it. If all liens and encumbrances are disclosed, the seller is not liable if a third person interferes with the buyer's ownership.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Yes, timeshare is deeded real estate and can be transferred to family members. Through the Westgate Legacy Program, you can transfer a timeshare deed to a family member by means of a simple, painless process that we can guide you through.

Depending on the county, this could take between one week and six weeks. Finally ? When the recorded deed is returned to our office, we will notify you by email. We will then send a copy of the recorded deed as well as a copy of the cover letter to your resort for ownership transfer.

Document Preparation a new deed drawn up. a covering letter and check to be sent to the County Clerk's/Recorder's Office in the county in which the timeshare is located. a covering letter from the seller to the resort notifying the resort of the change of ownership.

Document Preparation a new deed drawn up. a covering letter and check to be sent to the County Clerk's/Recorder's Office in the county in which the timeshare is located. a covering letter from the seller to the resort notifying the resort of the change of ownership.

Ing to experts and specialists in timeshare, transfers, and closing, costs can range from $300 to $500 or more. Fees usually cover services of a transfer agent, recording fees, taxes, and so on. Document preparation like drawing up of a new deed and other legal requirements may also add to the total cost.

A deed is filed in the county where the timeshare is located with the office of the county recorder. All counties in California require an additional document known as a ?Preliminary Change of Ownership Report.? Many counties, but not all, also require a tax affidavit.

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California Deed to Time Share Condominium with Covenants of Title