Experience Adding Person to Deed

[DisneeRunner]

This seems to come up a lot both here and on the other website that shall not be named, so I wanted to share my experience & hopefully help others through the process!

For many reasons it became necessary to add me to my family’s DVC membership. I’d been an associate on the account for years, but needed to be added to the deed.

With three contracts, using an outside title company was going to run us $600+ which wasn’t in the budget.

Here’s the timeline:

January 22 (Morning): Submit Request to Change Title Form to DVC via email
January 22 (Afternoon): Receive Waiver of ROFR & received New Owner Information Form
January 25: Submit new deeds to OC Comptroller
February 7: Receive letter that check was for wrong amount. I’m still not sure how they got the amount they got, but it was for $20 less than I had calculated. They are only allowed to accept checks for $10 or less over the amount due. A new check was sent that day.
February 21: New deeds became available on OC Comptroller website. Downloaded them & sent to DVC. 3 hours later I could access my blue card!

So, one month from start to finish & total spent was about $150 for three contracts. Well worth it & lots of money saved!

 

[OKW Lover]

Thanks for this good info. A few questions:
Was a lawyer needed for any of the process?
Did any forms need to be notarized?
How do you submit the new deed to the OC Comptroller?
Approximately how much did the process cost and does it vary by # of contracts or # of points?

Appreciate hearing about your experience.

 

[Sandisw]

Thanks for this good info. A few questions:
Was a lawyer needed for any of the process?
Did any forms need to be notarized?
How do you submit the new deed to the OC Comptroller?
Approximately how much did the process cost and does it vary by # of contracts or # of points?

Appreciate hearing about your experience.

i can answer a few as I just did it.l.but used a title company. We did have to get papers notarized as we were changing the owners from me and DH to DH, me, DS, DD, and DD, We had to sign as sellers and buyers, The Kids didn’t need to have their part notorized as buyers,

No lawyer needed. Since I used the title company, my costs were a lot more. I paid $475, but because I needed it done quickly, I worked with the one associated with Disney and they pushed it through in 2 weeks since we were buying new points as well,

 

[DisneeRunner]

Thanks for this good info. A few questions:
Was a lawyer needed for any of the process?
Did any forms need to be notarized?
How do you submit the new deed to the OC Comptroller?
Approximately how much did the process cost and does it vary by # of contracts or # of points?

Appreciate hearing about your experience.

No lawyer was needed & there was no need for a title company. Disney will encourage you to contact a title company but it is expensive for something that can do easily be done by yourself!
We had three contracts, each with my mother and father on them, and were adding me as the third person on each contract. As the sellers, their signatures did need to be notarized, which cost $15/signature. 3 contracts, 2 signatures per contract, $90 total for the notary. NOTE: The grantee does NOT need to sign the new deed. Only the grantor signatures must be notarized.
You then mail the new deeds & ROFR waiver you the OC Comptroller. My total there was about $65 - the cost is based on number of pages you’re sending to them. If you’re unsure of your total cost, call and ask. The process would have been done in two weeks if my initial check had been right. Ultimately it cost me $150 or so.

 

[OKW Lover]

@DisneeRunner Thanks again for the info. Great to know. I've got something like six contracts so it will be a bit more for me but still a reasonable cost.

 

[CarolynFH]

This thread goes through the process of preparing the new deed and submitting it to OCC in detail: https://www.disboards.com/threads/s...xisting-contract-gratuitous-transfer.3701707/.

 

[espov]

No lawyer was needed & there was no need for a title company. Disney will encourage you to contact a title company but it is expensive for something that can do easily be done by yourself!
We had three contracts, each with my mother and father on them, and were adding me as the third person on each contract. As the sellers, their signatures did need to be notarized, which cost $15/signature. 3 contracts, 2 signatures per contract, $90 total for the notary. NOTE: The grantee does NOT need to sign the new deed. Only the grantor signatures must be notarized.
You then mail the new deeds & ROFR waiver you the OC Comptroller. My total there was about $65 - the cost is based on number of pages you’re sending to them. If you’re unsure of your total cost, call and ask. The process would have been done in two weeks if my initial check had been right. Ultimately it cost me $150 or so.

When you do this is the added person still considered a direct member? A DVC sales person told me no- I want to buy a direct contract with my mom but we will will probably add my siblings after the purchase. The rep made it seemed like if my mom and I purchased and than wanted to add siblings on deed they would be considered resell buyers. I'm confused as to why and if tat was correct.

 

[DisneeRunner]

When you do this is the added person still considered a direct member? A DVC sales person told me no- I want to buy a direct contract with my mom but we will will probably add my siblings after the purchase. The rep made it seemed like if my mom and I purchased and than wanted to add siblings on deed they would be considered resell buyers. I'm confused as to why and if tat was correct.

That is not true. I am now considered a direct member even though I was added after purchase.

 

[espov]

That is not true. I am now considered a direct member even though I was added after purchase.

Any clue if you can add a name to the deed while having a loan. We will most likely pay cash but I want to know all the scenarios.

 

[DisneeRunner]

Any clue if you can add a name to the deed while having a loan. We will most likely pay cash but I want to know all the scenarios.

No, it has to be paid off. Dues must be paid in full too.

 

[bumbershoot]

When you do this is the added person still considered a direct member?

Yes.

Any clue if you can add a name to the deed while having a loan. We will most likely pay cash but I want to know all the scenarios.

Nope.

 

[Splashboat]

I really want to add someone to one of my small contracts. I am so mad I didn't do it from the start. Can you send me a link to a thread with the steps to do this? Also, (separate question) what happens if there is a name change later?

 

[Denise W]

I really want to add someone to one of my small contracts. I am so mad I didn't do it from the start. Can you send me a link to a thread with the steps to do this? Also, (separate question) what happens if there is a name change later?

It is right in this thread post #6.
Denise

 

[espov]

No, it has to be paid off. Dues must be paid in full too.

Thanks for the info

 

[mort1331]

Do you need to be in the USA, or can I do this from Canada?