Helping you unlock a lifetime of vacation memories
We are revolutionizing the vacation club closing process with cutting-edge technology, ultra-efficient closings, and unparalleled customer service from a team of vacation club title experts.
Services
We can't wait to welcome you to your new home away from home.
Investing in a lifetime of family vacation memories is priceless. At Vacation Club Title & Escrow, we are here to make the process of purchasing vacation ownerships painless and simple with our ultra-efficient closing solutions.
Vacation Club Title & Escrow specializes in all types of deeded and non-deeded vacation ownership programs including traditional timeshares and fractional ownerships. Each developer or timeshare brand has its own unique process for ownership transfer, and the highly specialized timeshare team at Vacation Club Title & Escrow is here to guide buyers and sellers through the process.
Closing & Escrow Services
Vacation Club Title & Escrow closing services are specifically tailored to navigate the unique intricacies of the vacation ownership market and set the new standard for efficient closings. These steps include: obtaining right of first refusal waiver and estoppel letter from the developer, conducting in-depth title search and examination, prepare and record documents in accordance with the purchase agreement and local regulations, order payoffs of mortgages and liens, obtain releases of prior liens, explain closing documents and answer questions related to the closing, and issue title insurance policies - insuring a title that is "free and clear" at closing.
As a licensed title & escrow agent (neutral third-party), Vacation Club Title & Escrow holds escrowed funds and documents. Once all transaction contingencies are met, the funds are disbursed to the seller and other related parties in accordance with the purchase agreement. Having a trusted and neutral third-party gives all parties to the transaction peace of mind.
Timeshares We Close
We have experience closing vacation ownerships with the following developers:
Club Wyndham, Marriott Vacation Club, Hilton Grand Vacations, Disney Vacation Club, Sheraton Vacation Club, Holiday Inn Club Vacations, bluegreen Vacations, Capital Vacations, Vacation Village Resorts, Westin Vacation Club, Four Seasons Residence Club, and others
FIRPTA
The Foreign Investment in Real Property Tax Act (FIRPTA) requires withholding of 15% of the gross sales price derived by foreign persons from the dispositions of U.S. property interests. If you are a foreigner, or you are purchasing a property from a foreigner, FIRPTA might affect you.
Whether you’re preparing to buy or sell a US property, it’s important to understand your obligations.
We recommend that foreign sellers work with the team at FIRPTA Filer to assist in obtaining a waiver, reduction or early refund of the FIRPTA withholding. FIRPTA Filer specializes in serving the timeshare market.
HARPTA
The Hawaii Real Property Tax Act (HAPRTA) is a tax withholding of 7.25% of the gross sales price on the sale of Hawaii real estate by nonresident sellers. If you are a non-resident seller of Hawaiian property, then it’s important to understand your obligations.
We recommend that non-resident sellers work with the team at HAPRTA Hero to assist in obtaining a waiver, reduction or early refund of the HAPTA withholding. HARPTA Filer specializes in serving the timeshare market.
Re-Deed / Ownership Transfer
There are various circumstances which result in a need for ownership to be updated. Adding or removing a spouse, adding children, or transferring to a family trust or LLC are all common reasons to update how property is held. Ownership transfers with no monetary exchanges typically receive unique treatment by developers. These ownership transfers are also called gratuitous transfers or re-deeds. Vacation Club Title & Escrow has a team of deeply experienced specialists to help you navigate the intricacies of ownership transfers.
About Us
We are passionate about creating a better closing experience because we are title experts and vacation club owners ourselves. We've leveraged technology to streamline the traditionally cumbersome title transfer process. Our platform allows easy management of title transfers from home. Our team of experts are here to guide you through each step, ensuring a seamless, hassle-free experience. This way, you can focus on planning your next vacation.
A company is only as strong as its people. Our team has extensive experience in overseeing successful vacation club and residential real estate closings, with a dedicated real estate attorney leading our efforts and decades of supporting team experience. Collectively, the team at Vacation Club Title & Escrow has overseen 150,000+ timeshare and residential closings. We work diligently every day to earn the right to be your trusted title company for vacation ownership.
Why Brokers Work With Us
- Thoroughness
- The details matter. We pride ourselves in providing an accurate and clean title.
- Speed & Efficiency
- We close faster than any title company in the vacation club space. This means brokers spend time focused on selling rather than tracking down executed documents and funds.
- Experience
- Timeshares are our sole focus. We’ve completed more timeshare closings than just about anyone else out there.
- Flexible Payment Options
- Pay with ease. We offer the ease of submitting final funds with a credit card or wire transfer.
Frequently asked questions
- What is the process to sell my timeshare?
Once a buyer and seller have agreed on the terms of the sale and signed a purchase agreement, we begin the closing process. These steps include: obtaining right of first refusal waiver and estoppel letter from the developer, conducting title search and examination, preparing and recording documents in accordance with the purchase agreement, ordering payoffs of any mortgages and liens, obtaining releases of prior liens, and issuing title insurance policies - insuring a title that is "free and clear" at closing. Once all steps are completed, the funds are disbursed to the seller and other related parties in accordance with the purchase agreement.
- Can I transfer ownership to my children?
Yes. These ownership transfers are called gratuitous transfers or re-deeds. Vacation Club Title & Escrow has a team of deeply experienced specialists to help you navigate the intricacies of ownership transfers.
- How do I make a deposit?
Click “Deposit” on the main navigation bar above to access the deposit portal.
- How long do closings take?
It depends on the developer. Typically the longest part of the closing process is waiting for the developer to issue a waiver of their right of first refusal. Once a waiver is granted, we can close in less than a week given all documents have been executed and funds have been submitted. The average closing takes 35 days once a purchase agreement has been signed and a deposit has been submitted.
- How does remote online notary work?
Remote online notary allows you to obtain a notary from the convenience of your home. You will log into a virtual signing session with one our notary specialists and a witness. Once you verify your identity, you will be able to click sign documents and have the notary and witness also sign and stamp the documents.
- Who holds and distributes the funds?
Vacation Club Title & Escrow holds escrowed funds and documents. Once all transaction contingencies are met, the funds are disbursed to the seller and other related parties in accordance with the purchase agreement. Vacation Club Title & Escrow is fully licensed, insured and bonded as a title company.
- Do you provide title insurance?
Yes. Vacation Club Title & Escrow is a title insurance agent with several of the largest title insurance partners and provides underwriting from the most trusted insurers in the title space.