Record a deed with the Bureau of Conveyances to add, remove or change an owner. The deed is forwarded to the timeshare company to update their records..

HUNTINGTON BEACH, CA, UNITED STATES, December 14, 2023 /EINPresswire.com/ -- A Hawaiian timeshare deed recorded with the Bureau of Conveyances adds, removes or changes an owner of a timeshare. Trusts, limited liabilities companies, and gifts require a change in owners. Divorce, marriage, and change in access require adding or removing a co-owner. The recorded deed is forwarded to the timeshare company to update their records of owners.

Deeds are used to gift a timeshare. An owner no longer uses the timeshare but continues to pay annual maintenance fees. A win-win situation is to gift the timeshare to someone who will use the timeshare. The new owner has access and use to a timeshare in Hawaii. The prior owner is relieved of the obligation to pay maintenance fees.

A trust avoids probate. But the trust must own the timeshare. The current owner signs a deed to transfer their ownership to their trust. A person forms a limited liability company for tax purposes and liability protection. To work, the timeshare must change from the owner as an individual to a limited liability company by deed.

In divorce, a deed removes one spouse as owner. Removing a spouse is important because as long as both ex-spouses remain owners, both have access to the timeshare, and both are liable for the maintenance fees. A deed also adds a spouse, friend, or relative as a co-owner. Adding a new co-owner gives the new owner access to the timeshare. Adding new owners as joint tenants avoid probate on the death of a joint tenant owner.

A Hawaiian timeshare deed recorded with the Bureau of Conveyances is needed to change, add, or remove an owner of a timeshare. Trusts, limited liabilities companies, and gifts require a change in owners. Divorce, marriage, or allowing or preventing access to a timeshare resort require adding or removing a co-owner. The recorded deed is forwarded to the timeshare company to update their records of owners.

Mark W. Bidwell provides this press release. Mr. Bidwell markets through the website DeedAndRecord.com. The office is at 4952 Warner Avenue, Suite 235, Huntington Beach, CA 92649. Phone is 714-846-2888.

Mark W. Bidwell
Deed and Record
+1 714-846-2888
email us here

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