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New Service for California Time-share Estate Ownership Change by Deed and Record
  • USA - English


News provided by

Deedandrecord.com

Jan 08, 2015, 03:00 ET

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Huntington Beach, California (PRWEB) January 08, 2015 -- Deed and Record is an internet service to change California time-share estates by deed. Deeds are used to remove a spouse due to divorce, add a spouse due to marriage, add or remove a co-owner, and fund trusts.

“Time-share estates” include “time-share interests,” “time-share properties” and “time-share plans.” “Time-share plans may be; single site, multisite, specific interest,” or nonspecific interest,”

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An example for the need of a deed is in divorce and dissolution of marriage. A timeshare estate is awarded to one spouse. Until the non-owning spouse is removed as owner, he or she remains liable for property taxes and maintenance fees and has access to the timeshare. To remove a former spouse, the former spouse signs a deed conveying his or her interest to the owning spouse.

Timeshare estate deeds are needed for marriages. A newlywed wants to add his or her new spouse as owner and for access of a timeshare estate. To add the spouse a deed is prepared granting joint ownership to the new spouse.

California timeshare estates are often overlooked in funding trusts. A trust is created to avoid probate. But if ownership of the timeshare is not changed to the trust, the timeshare will require probate. A deed transferring ownership of the timeshare from the individual to the individual’s trust avoids probate and court supervision.

As an alternate to a trust some owners of California timeshares add a child or relative as a joint tenant owner. In joint tenancy the deceased owner’s interest disappears by operation of law. The surviving joint tenant becomes sole owner of the time-share estate, avoiding probate.

“Time-share estates” include “time-share interests,” “time-share properties” and “time-share plans.” “Time-share plans may be; single site, multisite, specific interest,” or nonspecific interest,”

Company prepares deeds in format and the manner required by California law, including legal description, assigned parcel number and timeshare interest number. Deeds are recorded and returned to the customer by mail. Customer provides a copy of the recorded deed to resort management to update their records.

Title and ownership change for timeshare estates by Deed and Record. Service provided removes spouse due to divorce, adds spouse due to marriage, adds or removes a co-owner, and to fund trusts. For more information click here or call 714-846-2888.

This press release is provided by Mark W. Bidwell. Mr. Bidwell markets timeshare ownership change and title transfer services through websites, primarily http://www.DeedAndRecord.com. Deed and Record provides change in timeshare ownership in California, Hawaii and Florida. Office is at 4952 Warner Avenue, Suite 235, Huntington Beach, California 92649. Phone is 714-846-2888.

Mark Bidwell, Deedandrecord.com, http://www.deedandrecord.com, +1 714-846-2888, [email protected]

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