Can you explain to me the timeshare transfer process?
We provide both parties of the transfer with a Contract that you will complete with the agreed terms, sign and return to us. In addition, you are provided a "Sellers Authorization Release Form", which you sign and return to us. This form is sent to the resort, for verification of the property and to obtain information on any outstanding fees that may hold up or delay the transfer. We then create the transfer documents and send the required paperwork including copies of the contract to both parties for signature with a request for the funds needed for to be placed in third-party escrow account. Upon receipt of the completed and signed transfer document from the Seller, we carefully review the documents to insure accuracy. Next, the transfer documents are recorded with the appropriate State and local agencies.   Upon receiving the deed from the appropriate agency, we send a letter notifying the Resort of the change of ownership. A copy of the deed is also sent to the resort at this time. The deed to the property is then sent to the timeshare buyer

Who pays the recording fees and recording fee taxes?
These are included in our Closing Fee, which in most cases is $495.

Who is responsible for paying a transfer fee levied by the resort?
In the instance where the resort  levies a transfer fee, payment can be done by either the buyer or the seller or shared by both parties.  We will process the fee as agreed by both parties. We typically send the fee to the Resort along with our transfer documents.

How is it determined if the maintenance fees and property taxes have been paid to date?
Preferred Transfers requests an Estoppel Letter from the resort which discloses the status of taxes and other fees. Unlike most timeshare closing companies, our Estoppel Letter/Resort Disclosure Packet is included in the price of our service which provides you with an added measure of security during a timeshare purchase.