Mark W. Bidwell, Attorney at Law
Service now includes next day electronic filing.
Huntington Beach, CA (PRWEB) July 30, 2015
This tip sheet by Deed and Record explains how to change access to timeshares, intervals and vacation plans in Hawaii. Access is limited to owners. Ownership change is by deed.
A deed is a document signed by an owner granting his or her ownership interest to another. Deeds to change Hawaiian resort ownership have many names such as “Vacation Plan Conveyance Documents,” “Vacation Ownership Deeds,” “Interval Deeds,” “Interval Conveyance Deeds,” “Interval Ownership Deeds,” “Interval Warranty Assignments” and "Timeshare Deeds." All of these documents are collectively referred to as deeds. Deeds are recorded with the Bureau of Conveyances.
It is the Bureau of Conveyances’ (the “Bureau”) job to keep track of who owns each piece of real property. Timeshares, intervals and vacation plans are treated as real property by the Bureau. The only way to change ownership with the Bureau is by deed.
For example, a timeshare is awarded to wife in a divorce decree or marital settlement agreement. Husband signs deed granting his or her interest to wife. Wife records the deed with the Bureau. Wife provides a copy of the recorded deed to the resort company to update their records. Husband is no longer a co-owner and is denied use of the timeshare.
Another example is a newlywed husband wanting his new wife to have access to his Hawaiian timeshare, interval or vacation interest. The wife is given access by adding her as owner. Husband signs a deed granting joint ownership and joint access to wife. Husband records the deed with the Bureau.
As people age, their ability to travel to Hawaii for vacation is limited. Parents add their children as owners so the children can use the timeshare. If the children are added as joint tenants on their parents’ deaths, they become the sole owners and avoid probate.
Other timeshare owners can no longer travel to Hawaii and have no use for the timeshare. To avoid annual maintenance fees, the owners gift the timeshare to friends or relatives who want use of the timeshare. Timeshare gifts are by deed recorded with the Bureau of Conveyances.
Deed and Record prepares deeds for marriage, divorce, joint ownership and gifting. Deeds include legal description, demarcation and interval control number. Deeds are recorded electronically and returned to the customer by email. Customer provides a copy of the recorded deed to the Vacation Resort Club to update their records.
The company prepares and records deeds for title and ownership change that remove a spouse due to divorce, add a spouse due to marriage, add co-owners and for gifting. Service now includes next day electronic filing.
This press release is provided by Mark W. Bidwell. Mr. Bidwell markets timeshare and vacation title transfer services through websites, primarily http://www.DeedAndRecord.com. Deed and Record provides change in timeshare ownership in California, Hawaii, Florida and Nevada. The office is at 4952 Warner Avenue, Suite 235, Huntington Beach, California 92649. Phone is 714-846-2888.