Changing ownership

[JaneDE]

I just called Member Services to inquire about how to take my husband's name off our membership. I was told that it will cost $500 if I go through DVC and use their attorney. Has anyone ever done this without the DVC attorney? The information that I received from DVC said that I should use an attorney in Florida that is familiar with real estate and titles.

 

[OKW Lover]

I've never done this. I suspect you'll also need something giving you legal authority to remove your husband's name from the deed. I'm not surprised it would wind up costing $500 since its a real estate transaction.

 

[5forDiz]

Have not used this personally, but you might want to research more about do it yourself legal documents, etc. on legalzoom.com
( friends were looking into doing this with a condo they have in Florida, but again I don't know if it proved to be a useful resource for them or not but it might be worth a look.

Best wishes to you

 

[Raye3201]

I know that my lawyer couldn't handle this from Canada...it had to be a U.S. lawyer in Orange County (or so I was told at the time). I haven't done it yet because I thought it would be expensive....$500 sounds like a decent price to me, considering how expensive legal representation costs. Did they mention how long it takes?

 

[toocherie]

I just called Member Services to inquire about how to take my husband's name off our membership. I was told that it will cost $500 if I go through DVC and use their attorney. Has anyone ever done this without the DVC attorney? The information that I received from DVC said that I should use an attorney in Florida that is familiar with real estate and titles.

May I ask why you are taking your husband's name off? I don't mean to be disrespectful or nosy, but if it's because he is deceased I have to think there's an easier way to accomplish this with Member Services.

 

[JaneDE]

I am removing his name because I am getting the DVC timeshare in a divorce settlement.

 

[Chuck S]

I am removing his name because I am getting the DVC timeshare in a divorce settlement.

Ah, yes, the reason for the name change can have an influence on the amount of paperwork that needs to be filed. Also whether you and your ex are on "friendly" terms as far as him signing the transfer deeds, etc, or if you need to supply court settlement orders.


Also if there is any loan outstanding on the DVC, they may not allow the change of title until the loan is satisfied.


If there is no loan, and if this is a simple name change, and your ex is co-operative, you should be able to do a quit claim deed, and simply ask Disney for a ROFR waiver, then file the paperwork with Orange County (assuming you own at a WDW DVC).

Another option would be to contact a reseller, explain the situation, and ask if they can recommend a closing company or someone to handle the paperwork, it may be less expensive. But, I am happy to see that Disney has assistance available, for a somewhat reasonable (IMO) fee. Or do they simply refer you to a local attorney?

 

[JaneDE]

That options sounds a lot easier and less costly. We do not owe anything on it since we purchased at OKW in 1993. I will give that a try. Thanks.

 

[Thumper4me]

I went through the same thing and Chuck is correct. My ex signed a form we got from DVC and went through ROFR and got eveything changed for about $150.

I hope this helps. Good luck!!

Kelly

 

[Tina]

Yep. I did the same thing with my divorce. Call member services and tell them what you're doing. They'll send you an instruction sheet and the ROFR papers. The only cost that I can recall was the deed recording fee. I did everything myself. I think it cost me less than $50 for everything.

 

[Buckeye Fan]

Just wanted to say that I'm sorry, and wish you the very best!

Bridgett

 

[Dean]

Just did this adding my daughter to four 25 pt contracts. Total cost about $60, would have been around $30 with on contract. Easy and simple as long as no loan is involved.

 

[JaneDE]

Thanks for all your excellent advice. I will member services back and so that route.

 

[SanDeeKath]

Does Disney seriously have the right to exercise ROFR in these circumstances??? Or is this just a formality?

If so, I would ask x-husband to pay you $200 per point. Katherine

 

[Chuck S]

Does Disney seriously have the right to exercise ROFR in these circumstances??? Or is this just a formality?

If so, I would ask x-husband to pay you $200 per point. Katherine

While they likely ultimately "have the right" to exercise ROFR, I have never heard of them doing so in a title transfer that either drops or adds a name, or that is gifted from parent to child, etc. But, I think you have to have the paper verifying the ROFR waiver to file the new deed with the county.

 

[Dean]

Does Disney seriously have the right to exercise ROFR in these circumstances??? Or is this just a formality?

If so, I would ask x-husband to pay you $200 per point. Katherine

If there is no payment involved and an immediate primary family member, it's simply a formality. Putting a price that's not accurate for the purpose of bypassing ROFR is RE fraud in most states including FL.