Deedandrecord.com is an online resource for Hawaiian timeshare owners to change title by quit claim deed due to divorce and disolution of marriage. The website is promoted by Mark W. Bidwell. Quit claim deeds convey property "as is" and are used to remove a former spouse as owner without escrow, title insurance and warranties of title.
In a divorce or dissolution of marriage, ownership of a timeshare is awarded to one spouse. The spouse awarded the timeshare needs to obtain sole ownership to sell, gift or fund the timeshare into a trust. If title remains in joint tenancy or tenancy-in-the-entirety the ex-spouse will automatically inherit the timeshare on the death of the timeshare owner.
To transfer title the non-owning spouse signs a deed conveying his or her ownership interest to the spouse awarded the real property. The deed transferring ownership has many names, quit claim deed, inter-spousal deed and grant deed. These deeds transfer ownership of property “as is.”
“As is” does not contain any implied warranties such as free and clear title or amount of debt. The former spouse simple conveys whatever ownership he or she has along with any debt or loans secured by the property. The deed does not remove the former spouse as a borrower. Until the loan is refinanced the former owning spouse will remain as a debtor on the loan.
Once the deed is recorded with the Bureau of Conveyances it is presented to the resort management company. The management company updates its records and removes the former spouse as owner. This step relieves the former spouse of any obligation to pay ongoing maintenance fees. The resort management company most likely will charge a fee to update their records.
Deed and Record does it all to change ownership and title by quit claim deed for owners of timeshares in Hawaii. Service includes:
For more information call 949-474-0961 or email Mark@DeedAndRecord.com. Office is located at 18831 Von Karman Avenue, Suite 270, Irvine, California 92612.