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Ask Attyadvisor Your Own Question
Attyadvisor, Attorney
Category: Real Estate Law
Satisfied Customers: 6726
Experience:  29 years of experience in General Practice, Real Estate Law and Estate Law.
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Timeshare Transfer Document Review

Customer Question

Timeshare Transfer Document Review
Submitted: 3 years ago.
Category: Real Estate Law
Customer: replied 3 years ago.

Email just sent to address above. We look forward to your response!



Expert:  Attyadvisor replied 3 years ago.
The site will contact me once they receive the email and send me a copy. I will let you know when I receive the email from the site.

Thank you.
Customer: replied 3 years ago.
They received the documents but i just got a notification that they are having a hard time opening them. I am going to resend when I get home from work.
Expert:  Attyadvisor replied 3 years ago.
Thank you for updating me.
Expert:  Attyadvisor replied 3 years ago.

I just received your timeshare documents. Do you have specific questions for me on the agreement?

Customer: replied 3 years ago.
Thank you,
We are basically just trying to be sure of a couple things:

1) we want to make sure that we are not assuming any debt on the property (I am purchasing this from a friend for less than she owes on the timeshare. I want to make certain we are not assuming her debts on the property).

2) I didn't see anything on the contract about the yearly maintenance fees. Is there something I should have from Marriott outlining the terms of our maintenance fees and how much they increase each year?
Expert:  Attyadvisor replied 3 years ago.

The yearly maintenance fee is why most people end up unhappy with the timeshare. There are usually no caps.

I did not see anything with regard to the fee and that is where I caution my clients from purchasing a timeshare.

I see nothing stating any amount owed?

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