This is from an earlier forum written by Louisianadisneyfan that may help you.
Yep, LouisianaDisneyFan did it on her own. Hubby and I purchased contracts in anticipation of the graduation of each of our children from college. The original contracts were purchased in just my name to make the process even simpler.
I don't know about you and your parents with regard to taxes, whether the property is financed, etc.... so I can't tell you definitively what to do. But, I can share what I did *in our situation*. PLEASE NOTE: I AM NOT AN ATTORNEY AND THIS IS NOT LEGAL ADVICE. I AM SIMPLY SHARING INFORMATION ABOUT HOW I AM CHANGING THE TITLE OF ONE CONTRACT FROM ME TO OUR DAUGHTER.
I FAXed the completed request for Waiver of ROFR back to Disney and followed with a phone call to verify that it had been received via FAX. Disney does not charge to complete the Waiver of ROFR in this situation. It can take up to a month to get the Waiver back from Disney.
In the meantime, I prepared a Warranty Deed. As I purchased this particular contract through resale, I already had an easy-to-follow warranty deed to use as a guide. If I hadn't kept a copy of this, I could have simply pulled up the recorded deed on the Orange County Comptroller's website for reference. I replaced the seller's name for the Warranty Deed with my name as "Grantor" and replaced my name in the original with our daughter's name as "Grantee." I was careful with this because THE NEW TITLE MUST EXACTLY MATCH THE NAME YOU SUBMIT TO DISNEY FOR THE WAIVER OF ROFR. I also changed all address information on the Warranty Deed, as the recorded documents were to be returned to me this time... and of course the addresses of the Grantee and Grantor had now changed from the original document as well. I had to sign this Deed in front of a notary and two witnesses. In Louisiana, typical notary fees for a deed are $25.00. In most other states, this fee is significantly lower.
Once I received the completed Waiver of ROFR back from Disney, the packet included additional instructions. I sent the executed Deed and the executed Waiver of ROFR to the Orange County Comptroller's office to be recorded. I also included a personal check for the recording fees. At the time of this writing, the recording fees are: $18.50 for the 2-page Waiver, $18.50 for a 2-page Deed, and $0.70 deed documentation fee (THIS $0.70 FEE APPLIES ONLY TO GIFTS or a purchase price under $100... it is based on the amount of the purchase price). So, the total fees I paid to OCC were $37.70.
The packet from Disney also included a form for my daughter to sign that acknowledged this is a GIFT and not a purchase of the
DVC contract. I FAXed it to her to sign and she mailed the signed original back to me.
Once the Deed and Waiver are recorded, the OCC will send the recorded originals back to me. I will make copies of these recorded documents and then send these copies along with the original signed gift acknowledgement AND A COPY OF MY DAUGHTER'S DRIVER'S LICENSE as the new owner to the DVC office (the address is in the packet Disney sent). I will also send a check for any remaining balance for the current UY MFs (MFs must be paid in full before a title can be changed). Disney will then change the title in their records and send our daughter a Welcome Home package.
The total cost to change the title to our daughter's name was
Notary fee: $25.00
Orange County Comptroller: $37.70
Mailing fees (I used USPS Priority with delivery confirmation to/from OCC and Disney): $17.25
