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A deeded timeshare means that the person/people who have bought into the timeshare own a certain amount of that vacation property. The person typically buys in for a certain place and/or certain unit for a specific number of weeks during a year.
Call the Timeshare Developer Developers may allow owners to relinquish the deed through a deed-back program or surrender program. In this case, of course, owners do not receive any proceeds from their exit from the timeshare.
Call the Timeshare Developer Developers may allow owners to relinquish the deed through a deed-back program or surrender program. In this case, of course, owners do not receive any proceeds from their exit from the timeshare.
Deeded timeshares are more appealing because most of the time, they operate under a fixed schedule. A fixed schedule is when a person gets one week of the year when they can use the timeshare. This is appealing to prospective buyers because they can make concrete vacation plans without things being so up in the air.
A deed back clause or program allows you to legally give your timeshare back to the resort, but until then, you remain responsible for paying the maintenance and special assessment fees along with your mortgage payments.
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People also ask

You Can Refuse Your Timeshare Inheritance as a Beneficiary As the heir of the estate, you hold the right of refusal when it comes to inheriting property after death. A timeshare ownership inheritance is no different and you can outright refuse it with the help of an estate planning attorney.
There are two different types of timeshare contracts you can purchase: a deeded ownership and a Right To Use timeshare. With a deeded timeshare, you own an actual fraction of the property through a deed.
If you stop paying it, the timeshare company will do whatever it takes to collect. Theyll make phone calls and send letters, then theyll assign it over to (you guessed it) a collections company.
If you die owning a timeshare, it does become part of your estate and obligations are indeed passed onto the next-of-kin or the estates beneficiaries. However, they do not have to accept it, in the same way that anyone has the right to refuse any part of an inheritance.
The inheritors of the timeshare become the new owners, and they are obligated to take over the timeshare fees. If you want to avoid this issue, name your heirs co-trustees of your timeshare. A trust gives heirs the option to decide to keep the timeshare, sell it, or abandon it. It frees them of ongoing or unpaid fees.

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