Posted on: 14th Jun, 2010 12:49 pm
i have a timshare that is completly paid off and i do not want anymore. if i sell it or do a quit claim deed can the ownership still hold me liable for any fees after the sale that are not paid by the new buyer?
Hi eddiea!
Welcome to forums!
Once you sell off the timeshare or transfer it to someone else with the help of a quit claim deed, you won't be considered as the owner of the property any longer. Thus, you won't be liable for any fees related to that property in case the new buyer does not pay it off.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Once you sell off the timeshare or transfer it to someone else with the help of a quit claim deed, you won't be considered as the owner of the property any longer. Thus, you won't be liable for any fees related to that property in case the new buyer does not pay it off.
Feel free to ask if you've further queries.
Sussane