Timeshare Closings Done Right and Done Fast!

TrueShares & Timeshare Closing For Less

TrueShares has partnered with Timeshare Closings For Less to handle all aspects of your timeshare resale transfer including the resort closing, legally compliant document preparation, submission of the deed for recording, any additionally required state tax forms, coordination of title insurance, escrow and disbursement of funds, and, lastly, we make sure the transfer is processed properly at the resort. We work closely with the buyer and the seller to keep both informed throughout the transaction.

We encourage our clients to ask questions. We want both the buyer and the seller to feel completely comfortable and informed throughout the entire process. Because we have over 30 years of expertise in the resort and timeshare industry, we can guarantee that each transaction is processed correctly and quickly.

  • Document Preparation: We professionally draft all documents necessary to transfer ownership (either a deed or right to use contract).
  • Closing Settlement Statement to Buyer and Seller: We provide these documents to inform each party what the breakdown of the closing costs are.
  • Collection of funds: We collect the funds necessary to transfer ownership of the timeshare, and we hold the funds in our escrow account until the transfer is complete.
  • Ownership Document Processing and Resort Notification: Once signed by the seller, we send the deed or right to use contract, immediately in for recording or for transfer. Once the deed is recorded, we forward a copy of the deed to the resort to complete the transfer. A copy is then sent to the buyer and seller for their records.
  • Estoppel Report - Included in Standard Closing: Details any outstanding maintenance fees, taxes, and/or special assessments that are due or may become due.
    * Some resorts charge a fee for this report otherwise, there is no additional charge for this service from us.
  • Copy of Deed: If you are unable to locate a copy of your original deed, then we will obtain a copy for you. If a copy must be ordered, then we only ask that our cost be reimbursed.
  • Title Insurance: Timeshare title insurance is not required, but it can assure the Buyer that there are no recorded liens on the title of the unit they are purchasing. Prices will vary by state.
  • Resort Transfer Fee: Most resorts charge a transfer fee. This fee is not included in our service, but we will be happy to facilitate the paperwork for you. Please call us and we will call the resort to verify if there are any additional fees at the resort level to transfer the timeshare.
  • Bonded and Insured: These policies protect both buyers and sellers. We’re proud to report our A+ BBB rating after 20 years in business!
    • $500,000 Error and Omissions Policy
    • $35,000 Surety Bond
    • A+ Rating with the Better Business Bureau

How does the timeshare closing process work?


Opening the Closing File

The buyer and the seller complete a brief application, which includes the details of the sale. The seller then completes a seller release document that allows us to verify that all fees are up to date. It is the buyer's responsibility to verify the unit's view and location within the resort.

Review Closing Documents

Both the buyer and the seller are sent a closing statement, which details the total cost of the timeshare transfer. The timeshare transfer costs will include a deed recording fee, any transfer taxes required at the county recorder's office and any transfer fees that the resort may charge. These fees will vary based on the resort and the location of the property.

Original Deed Review

A new timeshare deed will be sent to the seller within 24 hours of our receiving the required documents. Some states and counties require specific forms attesting to the value of the property being sold. At Timeshare Closings For Less, we make sure that these forms are completed properly and submitted along with the new timeshare deed. There is no extra charge for this service. If the original deed is misplaced, we can order a copy from the county in which the timeshare deed was recorded. The fee for this service will not exceed that of the actual cost of recovering a new deed.

Escrow Deposit

Once we have received funds from the buyer, the new timeshare deed is sent in for recording. This process usually takes 2-4 weeks, depending on the county in which the property is located.

New Deed Recording

After we receive the recorded timeshare deed at our office, it is then sent to the resort to complete the timeshare transfer. We will coordinate any additional paperwork the resort may require, completing the transfer as part of our service.

Sale Proceeds Released

Any funds due to the seller are now released, and the transfer is complete!

What is First Right of Refusal?

Some resorts require that they be given the right to repurchase the timeshare for the same price as other potential buyers. (This clause should be in the original sales documents the seller received when purchasing the unit.)

What are the various ways to hold title on my new deed?

Joint Tenants (joint tenants with right of survivorship) means that if there are two or more owners on the deed and one owner dies, then the surviving owner will continue to own the property, and the estate and heirs at law of the deceased owner will receive absolutely nothing. All that the surviving owner will need to do to remove the deceased owner's name from the asset is to show a death certificate.

Tenancy by Entirety: Allows spouses to own property together as a single legal entity. Under tenancy by the entirety, a creditor of an individual spouse may not attach and sell the interest of the other spouse; only creditors of both may attach the interest.

Tenancy in Common: If property is owned by two or more people, as tenants in common, each owner will hold a percentage of ownership interest in the property. The percentages don't have to be equal and are determined by how much each owner contributes to the purchase of the property.

What is timeshare title insurance? How much does it cost?

Title insurance is a policy issued by an insurance company guaranteeing that the title to a parcel of real property is clear and properly in the name of the title owner and that the owner has the right to deed, convey or sell the property to another person. Should a problem later arise with the title (such as an inaccurate description), the insurance company will pay the damages to the new titleholder, or secured lender, or take steps to correct the problem.

The cost for title insurance depends on the state in which your timeshare is located. Give us a call for an exact quote.

Our clients took a moment to review our services... Take a look!

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David R. 1/19

Thanks for all your hard work. You did a great job. All good here.
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Laurel P. 1/19

Thank you, Susie. Great news! It was a pleasure working with you - great communication and smooth process.
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Ron E. 1/19

Awesome! Thanks for all your hard work and making it so easy for us.
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Dennis D. 1/19

Thank you for the very professional and expedient manner in which you have administered the sale of our timeshare. We wish you both success, happiness, and good health in the New Year.
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Brenda O. 12/18

Thanks Susie! You are so wonderfully efficient!
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Janet B. 12/18

Thank you for all your help. You all have been great to work with.
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Jim S. 8/18

Thank you so much for your help Susie. It's been a pleasure to do business with you. You make this transaction very easy.
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Dave R. 10/18

Susie, I understand why you have such high recommendations online. You can add me to the list. Thanks for such a smooth process. Hope to engage you again in a future transaction.
Our Partners:
TrueShares is dedicated to providing a safe and active marketplace that connects people from all over the world that are looking to buy, sell, or rent timeshares.

Toll-Free: 1-877-638-6138
International: 1-929-259-8983
Email: info at trueshares.com