I'm trying to sell a timeshare thru a company called Timeshares by Owners. I want to get an old boyfriends name off the title. The timeshare is paid in full. A company called PCS Holdings, LLC DBA Closemytimeshare.com wants me to authorize an Estoppel. They say this is to get his name off the title. It looks to me like an authorization to sell. It has the old boyfriends name on it too. Would it be safe to authorize this just to get his name removed from the title? What is an Estoppel. Would this be safe to do?
Country relating to Question: United States
State (if USA): Iowa
I've tried to call Timeshares by Owners to ask them about this but am unable to reach them
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Question: I'm trying to sell a timeshare thru a company called Timeshares by Owners. I want to get an old boyfriends name off the title. The timeshare is paid in full. A company called PCS Holdings, LLC DBA Closemytimeshare.com wants me to authorize an Estoppel. They say this is to get his name off the title. It looks to me like an authorization to sell. It has the old boyfriends name on it too. Would it be safe to authorize this just to get his name removed from the title?
Response 1: No, because Estoppel Certificate does not have anything to do with taking one of the owners’ name off the title. Estoppel Certificate is a form of accounting from the timeshare resort showing the current title, maintenance fees owed, rules and restrictions for using the timeshare.
What is an Estoppel.
Response 2: See my previous response.
Would this be safe to do?
Response 3: No, it would not because it appears that they are trying to get you to authorize them as your agent for the sale of timeshare. Do not do it. You are better off negotiating directly with the resorts for the sale of the timeshare. The ONLY way to get your old boyfriend’s name off the title is if he agrees to it. You should be very careful of the timeshare companies that promise to sell or rent for you. Unfortunately, their ads/promises oftentimes do not match up to their performance--what they can actually accomplish for you. Never give money upfront to one of these companies because if you do, you would wound up suing them for the return of your money because their promises may not yield any results.
Licensed in Massachusetts and New York
How can I find a lawyer to help me sell this timeshare? It's a complicated situation and I can't begin to handle it.
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