How To Handle Timeshares in a Divorce

Unfortunately, divorce is a very real possibility for some married couples. Timeshares, like all other shared assets and liabilities, must be addressed in the event of a divorce. Because divorce is a complicated and often emotional process, it is a good idea to consider hiring a divorce lawyer to help you navigate the system. But whether you have a lawyer or not, your options for handling a timeshare in a divorce are the same as any other asset: sell, award, or share it.

  1. Sell: Timeshares can de difficult to sell, but if neither you nor your spouse wants it,... Read the rest of this entry »

Title Insurance for Timeshare

Title insurance in the timeshare industry is similar to title insurance for a home or other property purchase. Title insurance is optional for the buyer of a timeshare in order to protect them from financial loss due to undeclared liens, title defects, overdue maintenance fees, or other issues that may obstruct the transfer of property ownership. It may or may not be necessary depending on a number of factors, which is why it is important to understand exactly what it is and how it works.

Today the timeshare market is full of people who are desperate to sell their properties. Unfortunately,Read the rest of this entry »

Basic Timeshare Questions to Ask

Are you having trouble deciding whether or not you are interested in purchasing a timeshare? It can be an overwhelming process, especially for those who are unfamiliar with timeshares to begin with. The following list is a basic set of questions to ask yourself if you are in the very beginning phase of considering a timeshare. Your answers to these questions will help you hone in on exactly what you want and need and, hopefully, help you determine if purchasing a timeshare is the right option for you.

basic timeshare questionsRead the rest of this entry »