This form is a Quitclaim Deed where the Grantors are Two Individuals and the Grantee is an Individual. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.
Florida Quitclaim Deed for a Timeshare - Two Individuals to One Individual
State:
Florida
Control #:
FL-055-77
Format:
Word;
Rich Text
Instant download
Description Quit Claim Deed For Timeshare
Free preview Example Of Completed Florida Quit Claim Deed
How to fill out Sample Quit Claim Letter?
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Timeshare Quit Claim Deed Form FAQ
Quit claim deeds can be (and often are) used to convey a timeshare ownership, but please clearly understand that there must first be a willing recipient in order for a quit claim deed to be lawful and valid.To record a quitclaim deed in the deed records without the grantee's consent would be a criminal act.
Florida timeshare ownership change is by deed recorded in the county where the timeshare is located. The recorded deed is provided to the timeshare company to update its ownership records. Change in ownership is needed for divorce, marriage, to add or remove a co-owner, to fund a trust and to gift a timeshare.
Florida requires that you sign the quitclaim deed in front of two disinterested witnesses. All signatures must be notarized. After you complete the deed, make enough copies for all parties. Without delay, record the original deed with the county recorder in the county where the property is located.
Step 1Be careful. Before you even begin, make sure the other party is legitimate and trustworthy, especially if you're the seller. Step 2Create a buy sell agreement, known as an earnest money contract. Step 3Create a deed. Step 4Record your deed with the county. Step 5Notify the resort.
Fill in the deed form. Print it out. Sign in front of two witnesses and get all signatures notarized. Make a photocopy for each party to the transaction. Check the stamp tax and recording fees in your county. Record the document at the county clerk's office.
The Quit Claim Deed must be signed by the person who is relinquishing interest in the timeshare - the grantor. This individual will describe the timeshare property. In most states the grantee - the person to whom the property is being granted - must also sign the Quit Claim Deed.
Deed Back Documents You must fill out the resort's timeshare transfer form to start the process. To legally transfer ownership, most resorts will accept a quitclaim deed. You'll also need to provide a copy of the original deed when you first purchased the timeshare.
Complete the form. The form will ask for a variety of information. Have the form witnessed. You will need to have at least two witnesses for each signature on the deed. File the form. Pay the fee. Distribute copies.
Foreclosure Action Deeded timeshares are a real estate property in which the buyer obtains a deed. Maintenance fees are part of the purchase contract. Failure to pay the maintenance fees results in the resort foreclosing on the property and selling it at auction to recover money owed.