What we do.
Deed and Record prepares and records deeds for timeshares, time share interests and estates located in Nevada. Deeds remove a spouse due to divorce, add a spouse due to marriage, add or remove a co-owner, fund a trust or to gift a timeshare.
Divorce and Dissolution of Marriage
For example, ownership in a timeshare interest is awarded to one spouse in a divorce decree or marital settlement agreement. Until the non-owning spouse is removed as owner, he or she remains liable for property taxes and maintenance fees. Until the non-owning spouse is removed as owner he or she has access and may use the timeshare. Removal is by deed signed by the non-owning spouse. The deed transfers interest of one spouse to the other spouse.
Marriage
Deeds are used for marriage. A newlywed desires to add his or her new spouse as a co-owner of a Nevada timeshare, interval or vacation interest. The new spouse is added as owner by deed granting joint ownership to both spouses.
Trusts
Nevada timeshares interests are often overlooked in funding of trusts. A trust is created to avoid probate. But if ownership is not changed to the trust probate is required. Deeds transfer ownership from the individual to the individual’s trust. Deeds that transfer ownership into a trust avoid probate and court supervision.
Add Relative as Owner
As an alternate to a trust some timeshare interests and estate owners add a child or relative as a joint-tenant owner. In joint tenancy the deceased owner’s interest disappears by operation of law. The surviving joint tenant becomes the sole owner.
Timeshare Gifting
Oftern an owner of a timeshare no longer uses the timeshare. But the owner must continue to pay maintenance fees. If the owner personally knows of a friend or relative who wants to use the timeshare, a solution is to give it away. Gifts are by deed.
Conclusion
Deed and Record prepares deeds in format and manner required by Clark County and other Counties in Nevada. Deeds include legal description, demarcation and inventory control number. Deeds are recorded electronically and returned to the customer by email. Customer provides a copy of the recorded deed to the timeshare management to update their records.
Title and ownership change to remove a spouse due to divorce, add spouse due to marriage, add or remove a co-owner, and to fund trusts is provided by Deed and Record. Service now includes next day electronic filing.
We service all resorts including the Grandview at Las Vegas
