Dispose Time Deed For Free

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A deed back clause or program allows you to give your timeshare back to the resort. Until then, you remain responsible for paying the maintenance and special assessment fees along with your mortgage payments.
If you can't sell your timeshare on the open market, one option is to offer it back to the resort. As long as the unit is paid off, and you are an owner in good standing, there's a chance that the resort will take the unit back from you.
Give it back: Contact the developer or resort management. Tell them you want to quit-deed the property back to them. In other words, you are willing to give away your timeshare in exchange for the future savings of not having to pay your membership. But be forewarned: They may not want it.
Silver leaf Cancellation Policy If you recently purchased your Silver leaf timeshare, you may be in luck. In a timeshare contract, you have a three to seven-day rescission period depending on your timeshare company. In this time frame, you can rescind your contract legally.
If you own a deeded timeshare, the developer (the party from whom you likely got the timeshare loan) will probably foreclose. A timeshare foreclosure, much like a residential foreclosure, could potentially result in serious consequences, like a lower credit score, a deficiency judgment, or tax ramifications.
Refinance the timeshare mortgage. Sell or give away your timeshare. Try to give it back to the resort. Work with a company to help you negotiate an exit.
Process Takes Around Two Weeks Once your transaction closes, you will receive the deed to your property along with your title insurance policy. The title process usually takes about two weeks. However, depending on the property and transaction type, this can vary dramatically.
When done properly, a deed is recorded anywhere from two weeks to three months after closing. However, there are many instances where deeds are not properly recorded. Title agents commit errors, lose deeds, and even go out of business. Even county offices sometimes fail to record deeds that were properly submitted.
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