Information you need if you are considering selling or exiting your timeshare.
- Name, address and phone number of your timeshare resort.
- The deed and or contract or membership agreement which clearly identifies the timeshare you own.
- The financing agreement (if you are still paying for the property) —remember you’ll have to pay this off before you can transfer your timeshare to a new owner.
- Any title insurance information.
- Any other information to identify clearly your membership.
- The exchange company affiliated with your timeshare resort.
- The amount and due date of your maintenance fee and whether it has been paid for the current year.
- If billed separately, the amount of real estate taxes owed on your timeshare, the due date and whether they have been paid for the current year.
- The date your timeshare will next become available for use by a new owner or when a new owner can first make a reservation.
- Is your timeshare a fixed week or floating week unit and/or does it require an advanced reservation?
- Gather copies of the documents governing the resort owner’s association, if any, the resort’s rules and regulations, reservation rules and any other information that would be helpful to a new owner, such as area attractions.
- Know whether or not your timeshare is legally classified as real estate or personal property as this will make a difference in how it is conveyed to a new owner.
- Check with your owners’ association or resort manager to determine if there is any documentation they need in order to complete any sale.