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How is title held in a timeshare?

If the timeshare is structured as shared leased ownership, the developer retains deeded title to the property, and each owner holds a leased interest in the property (similar to a rental tenant).

How do I find the deed to a timeshare?

A party can locate a timeshare deed on the website of the county recorder in the county where the property is located. In some states, such as Vermont, land records are on the website of the town clerk.

What type of property is a timeshare?

A timeshare is a type of vacation property with a shared ownership model. With a typical timeshare, you share the cost of the property with other buyers, and in return, you receive a guaranteed amount of time at the property each year. In many cases, timeshares are smaller units within a larger resort property.

Is a deeded timeshare real property?

When a timeshare property is owned by deed (deeded ownership), it is considered real property. As such, many real estate laws (though not all) are applicable to timeshare owners in the same way they are to homeowners. For instance, owners of deeded timeshares must pay property taxes on their vacation real estate.

Do I need a lawyer to transfer a deed in Florida?

All deeds executed in Florida must be signed in the presence of a notary public and two witnesses. Because there are several different types of deeds used to convey real estate, it is important to work with a Daytona real estate attorney.

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