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Old 03-26-2013, 01:35 AM   #16
sarah4770
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I was just discussing this with member services. It costs $425 to change the title( as per First American Title transfer), so think about what you want to do before you purchase.
Also, if you don't put your child on the title, it would go through probate if you passed away.. I am not sure how much that costs.
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Old 03-26-2013, 07:03 AM   #17
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I was just discussing this with member services. It costs $425 to change the title( as per First American Title transfer), so think about what you want to do before you purchase.
Also, if you don't put your child on the title, it would go through probate if you passed away.. I am not sure how much that costs.
You can change the title yourself for around $50.
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Old 03-26-2013, 07:04 AM   #18
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One adult child only = I would add him to the deed. Good luck!
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Old 03-26-2013, 07:17 AM   #19
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You can change the title yourself for around $50.
How do you do that?
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Old 03-26-2013, 05:50 PM   #20
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How do you do that?
Assuming you're just adding or removing a name, here's how.
  • Get the transfer info from Disney.
  • Complete transfer form #1 and send it based on the instructions.
  • You'll receive a ROFR waiver, usually 2 pages.
  • Quit claim deed to Orange County (other locations more difficult and expensive) along with the new tax form and the ROFR waiver.
  • Copy of recorded deed and Transfer form #2 back to DVC.
Total cost under $50 unless you pay someone to do the deed. No risk given that it's still under your control. The process is similar for a private sale just send in the contract with the first transfer form. Timeshare Transfers will do it for $300, higher for HI and CA. LT transfers will do it for $95 plus postage and I think recording but you have to do the ROFR yourself anyway. I think the title company that TSS was using would do a reduced fee closing for small contracts and for this situation as well.
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Old 03-26-2013, 11:32 PM   #21
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Originally Posted by sarah4770 View Post
I was just discussing this with member services. It costs $425 to change the title( as per First American Title transfer), so think about what you want to do before you purchase.
Also, if you don't put your child on the title, it would go through probate if you passed away.. I am not sure how much that costs.
Everything you own that is not jointly owned with someone else goes through probate. Which is generally only expensive and/or a hassle if you don't have a will.
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