Real Estate Law

Have real estate law questions? Ask a real estate lawyer.

Ask a Lawyer,
Get an Answer ASAP!

I have a freehold title on a time-share providing two weeks…

Customer Question
I have a freehold title...
I have a freehold title on a time-share providing two weeks of vacation in Oahu at any time. The annual fees are due - some #2K. (January 2018). Current market rates for the location and rentals are just about the same. There are no loans or charges against this asset, the fees are up to date until now - and it is not used for collateral elsewhere.I also am a Canadian and live in Canada--- I have no other assets or interests in the USA or it's territory. There is a 10% late fee and a 12% interest fee as long as the assessment is not paid.Can I quit claim this- the title would revert to the Condo organization and I would assume they would sell it to someone else.Just getting too old to travel and when I got this I did all the legal work but it’s just too fussy from Canada to try and sell it myself --- and I want it off my plate not being sold by an on Line condo reseller that will likely take me to town on their operating fees by dragging out a saleRS
Submitted: 7 months ago.Category: Real Estate Law
Show More
Show Less
Ask Your Own Real Estate Law Question
Answered in 7 minutes by:
1/3/2018
Real Estate Lawyer: Ray, Lawyer replied 7 months ago
Ray
Ray, Lawyer
Category: Real Estate Law
Satisfied Customers: 48,822
Experience: Texas Attorney for 30 years dealing in real estate
Verified

Hi and welcome to JA. Ray here to help you today.Please bear with me a few moments while I review your question, conduct and prepare your response.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Ray, Lawyer replied 7 months ago

I would contact timeshare and ask about a deed in lieu.This is similar to quitclaim but they agree not to pursue you.Otherwise you may just decide to let it go back to them.But deed in lieu is better for you because they waive right to sue for deficiency here.

I appreciate the chance to help you tonight.Thanks.

If you can positive rate 5 stars it is much appreciated.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Ray, Lawyer replied 7 months ago

Reference to deed in lieu..

http://www.alllaw.com/articles/nolo/foreclosure/deficiency-laws-in-hawaii.html

If you let this go back it is unlikely they pursue you here.

Ask Your Own Real Estate Law Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a real estate lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Ray Your Own Question
Ray
Ray
Ray, Lawyer
Category: Real Estate Law
Satisfied Customers: 48,822
48,822 Satisfied Customers
Experience: Texas Attorney for 30 years dealing in real estate

Ray is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Barrister

Barrister

Lawyer

12,142 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

8,377 satisfied customers

Experienced lawyer

Ray

Ray

Lawyer

48,822 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,208 satisfied customers

I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Dimitry Esquire

Dimitry Esquire

Attorney

5,526 satisfied customers

JA Mentor, multiple jurisdictions, specialize in business/contract disputes, estate creation & admin

Ely

Ely

Counselor at Law

4,998 satisfied customers

Qualified attorney in private practice including business, family, criminal, and real estate issues.

P. Simmons

P. Simmons

Lawyer

3,572 satisfied customers

12+ yrs. of experience including real estate law.

< Previous | Next >

Related Real Estate Law Questions
Last year 8/3/17 we bought a house that was owned by a
Last year 8/3/17 we bought a house that was owned by a family of heirs. One of the family members sued the others to force a sale. Ultimately there was a motion granted to sell the home. I paid $60k c… read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,142 satisfied customers
My brother and I had renovated my home zoned commercial to
My brother and I had renovated my home zoned commercial to rent/lease which was accomplished and leased to an atty. I have always owned fee simple sole owner for 30 years. My brother, as part of the c… read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,142 satisfied customers
My home is in foreclosure. auction date is already scheduled.
my home is in foreclosure. auction date is already scheduled. someone wants to buy my apartment which will pay off all the debt including mortgage and condo fees. but then someone else wants to buy my… read more
Irwin Law
Irwin Law
Juris Doctor JD
7,182 satisfied customers
Im a contractor and I have a client that is a power of attorney
Im a contractor and I have a client that is a power of attorney for one of her disabled clients. This disabled client had a condo that had everything removed (cabinets, appliances, flooring est..) and… read more
Alex Esquire
Alex Esquire
Managing Attorney
Doctoral Degree
153 satisfied customers
I have asked this question twice now and am still awaiting
I have asked this question twice now and am still awaiting a response?????// We have a unit in our condo association that has filed chapter 13. The HOA continues to incur his monthly HOA fees as well … read more
Maverick
Maverick
Doctoral Degree
6,311 satisfied customers
Law Pro Lawyer only please: Please do not use chat format
Law Pro Lawyer only please: Please do not use chat format - too hard on my smart phone I live in Arizona, I hope you can help me figure out if there are any options for me to not lose my home to a yuc… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
hello: we want to stop our timeshare. do you know of a reputable
hello: we want to stop our timeshare. do you know of a reputable company to get us out of our timeshare? thanks… read more
lucy7368
lucy7368
Juris Doctor
763 satisfied customers
Foreclosure sale. Plaintiff - Condo Association for unpaid
Foreclosure sale. Plaintiff - Condo Association for unpaid dues. There is first and second mortgage. Judgment $50K. If winning bid is $200K, does it mean that Condo Association gets $50K and First Lie… read more
lucy7368
lucy7368
Juris Doctor
763 satisfied customers
Hi I am a Canadian and I bought a condo in Florida in 2007.
Hi I am a Canadian and I bought a condo in Florida in 2007. I had intended on selling it in 2009 when my daughter graduated from university there. But with the downturn in the American economy I decid… read more
Dimitry Esquire
Dimitry Esquire
Attorney
Doctoral Degree
5,526 satisfied customers
My son & his wife( Canadians) own a condo in Florida with a
My son & his wife( Canadians) own a condo in Florida with a golf membership attached. I use the condo for three months and pay a transfer fee and a higher golf fee than members. $ 600-900 per year ext… read more
PAX Attorney
PAX Attorney
Attorney
Juris Doctor (JD)
956 satisfied customers
A buyer has agreed to buy and a seller has agreed to sell a
A buyer has agreed to buy and a seller has agreed to sell a small piece of vacation property in Ontario for $25K. Both the buyer and seller are US citizens and distantly related. The buyer's Canadian … read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I have a second property (Condo) that I cannot sell without
I have a second property (Condo) that I cannot sell without taking a 30K+ loss. It was bought for my son to attend law scholl in mid 2008 before the market tumbled. Can I walk away from it and if so w… read more
Dimitry Esquire
Dimitry Esquire
Attorney
Doctoral Degree
5,526 satisfied customers
We bought a condo in Maui (leasehold) and closed 8/1/08. Two
We bought a condo in Maui (leasehold) and closed 8/1/08. Two weeks later, the condo association took the property fee simple. So, we thought we were purchasing a condo for $185k and it turned out to b… read more
socrateaser
socrateaser
1,031 satisfied customers
i am a candian resident living in Canada and i own a vacation
i am a candian resident living in Canada and i own a vacation home in Florida usa. I am in default nd heading for foreclosure. Are my Canadian assets at risk? ie My home?… read more
Alex Esquire
Alex Esquire
Managing Attorney
Doctoral Degree
153 satisfied customers
Dear Attorney, I bought the note secured by a deed of trust
Dear Attorney, I bought the note secured by a deed of trust from a friend and I did record it at the time.Now I heard that there is a dispute in Court and the Judge ruled that Quiet Title and reconvey… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Will a foreclosure on a fractional share of a second home in
Will a foreclosure on a fractional share of a second home in Canada affect the credit of an individual in the United States? This is a fractional interest that has been completely mismanaged with poss… read more
socrateaser
socrateaser
1,031 satisfied customers
we are considering using a contract for deed or land contract
we are considering using a contract for deed or land contract to purchase a house and put 7 to 10 yrs on it. Would you kindly explain a contract for deed or land contract and if that would work in tha… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I own a 70 year old Condo (16yrs) needing serious repair The
I own a 70 year old Condo (16yrs) needing serious repair The Board of Dir. did a comprehensive appraisal with a engineer law firm at cost of 999, 000. A deal was made with Capital Bank outlining a rev… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,939 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x