When the owner of a timeshare passes away, determining what happens to the timeshare of the deceased depends on a number of factors. This article will guide you step by step to assist you in determining what happens to a deeded timeshare in the event of death.
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Is there a will?
The first way to determine to whom a timeshare property will be transferred after death is to refer to the will.
If there is a will - All property owned by the decedent (deceased person) will be... Read the rest of this entry »
July 28th, 2010 by Mandie Legal
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How do you remove a name from timeshare? What is a Quitclaim Deed?
Reasons for changing the name listed on your timeshare contract vary. Maybe you purchased a timeshare with family and have come to find that only one person is using it. Perhaps you've just gotten married and need the timeshare deed to reflect your new name.
Some... Read the rest of this entry »
July 27th, 2010 by Mandie Legal
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As of July 11, 2010, current RCI members which submitted a properly completed claim form in accordance with Section II.E of the Settlement Agreement in the proper amount of time, with a claim form verified by RCI, may begin using the benefit they selected on the claim form. Former RCI members completing the aforementioned completion qualifications, will receive their selected benefit in October 2010. The selected benefit must be used within 2 years of the effective date, and no extensions will be granted.
For... Read the rest of this entry »
July 20th, 2010 by Mandie Legal