Property deeds

[SOnotLayuh]

Hey BBers!

So, I've just finished going through a divorce, and I need to draw up a property deed to remove my ex-husband from our DVC ownership. DVC just informed me that the company they recommend to draw up a new deed to have him removed normally runs about 500$

Do you have any money saving tips on this sort of thing?

 

[Marionnette]

Hey BBers!

So, I've just finished going through a divorce, and I need to draw up a property deed to remove my ex-husband from our DVC ownership. DVC just informed me that the company they recommend to draw up a new deed to have him removed normally runs about 500$

Do you have any money saving tips on this sort of thing?

You may want to ask this question on the DVC Member Services board. They really know how this can be done for much less. I recall one member posting how you can file the quit claim deed yourself for very little money.

 

[msmama]

You could also ask your divorce attorney (mine did it (not DVC) for just the cost of the filing fee - or whatever it was - along with everything else).

 

[tvguy]

You may want to ask this question on the DVC Member Services board. They really know how this can be done for much less. I recall one member posting how you can file the quit claim deed yourself for very little money.

This is probably the best advice. The cost of this kind of transfer around here is about $125 with the fee the county recorder, however, Suze Orman did a segment on time shares, and some time shares levy hefty fees for even mindor changes in ownership documents. Old Suze also called DVC one of the best options in one of the worst investments anyone can make.

 

[hmropars]

Hello,

I was in the same situation in 2003 and had to transfer my deed. I can't recall all the details but I used Michael L. Marlowe, 1150 Louisiana Ave, Ste 4, Winter Park, FL 32789. 407-629-5008. I looked up my info and found a invoice for $100.00. That charge was for a conference with client, prepare warranty deed, prepare for DR-219 and Prepare correspondence to client. I know that I and my ex-husband had to sign papers and get them notarized as well.

Good luck

 

[Dis*Mom]

Hey BBers!

So, I've just finished going through a divorce, and I need to draw up a property deed to remove my ex-husband from our DVC ownership. DVC just informed me that the company they recommend to draw up a new deed to have him removed normally runs about 500$

Do you have any money saving tips on this sort of thing?

You should be able to have a quit claim deed prepared for around $100.00. Your divorce attorney should be able to prepare this document for you.

 

[tenaseewalker]

Where does one get a quit claim deed for this purpose?

 

[tenaseewalker]

Where does one get a quit claim deed for this purpose?

 

[LaurLaur04]

I did a quit claim with the attorney that closed on my house.

 

[NeverlandClub23]

I'm a paralegal for an Estate Planning law firm in Virginia. Since the attorney I work for is only licensed in Virginia, we can only do VA deeds. We have a lot of clients with second homes in other states or timeshares in other states. We always use U.S. Deeds to prepare them. It's a resource for attorneys, but if you contact them I'm sure they'll do them for non-attorneys. Basically you send them the deed you have with the form you fill out, they send the new deed to you to be notarized and signed, you mail it back to them, they have it recorded, and then they send the original back to you. It looks like from my price list a Florida deed is $210. This doesn't include recording costs (which are typically around $30).

A typical Virginia deed fee that we charge is between $200-$250 depending on the complexity of the deed, but we have also included them in their Estate Planning document fees and done them essentially for free or $50-$100. We try not to do this too much, though, as it almost always comes back to bite us when they inherit 4 properties and want us to retitle them all for free or $50 and don't understand that was a one time thing (even though it's explained that way).

 

[rapmarks]

You can always type a quit claim deed or even a new deed yourself, going off the original deed and getting a copy of the form off the internet. That is how we have taken care of two of our timeshares You will have to pay to record the new deed, and also pay the transfer fee at the resort if there is one.

 

[SOnotLayuh]

Thanks for the help everyone!

I'd also love to know about where to find a quit deed... but I can google it

We had no divorce attorneys. No need. We didn't argue about the way anything was split, and we had no children.

 

[rapmarks]

make sure you get the form that is for the state in which the timeshare is located. You can print the form off the internet, and copy exactly what is on the original, in particular the legal description. sometimes you can get a form that allows you to just type in the particulars right from the website, and then print it out.