{"id":559,"date":"2023-07-14T03:48:13","date_gmt":"2023-07-14T10:48:13","guid":{"rendered":"https:\/\/deedandrecord.com\/?p=559"},"modified":"2024-02-09T11:33:27","modified_gmt":"2024-02-09T19:33:27","slug":"how-to-transfer-a-hawaiian-interval-vacation-plan-or-timeshare","status":"publish","type":"post","link":"https:\/\/deedandrecord.com\/index.php\/2023\/07\/14\/how-to-transfer-a-hawaiian-interval-vacation-plan-or-timeshare\/","title":{"rendered":"How to Transfer a Hawaiian Interval, Vacation Plan, or Timeshare"},"content":{"rendered":"
\n\n\n
\"Hawaiian<\/figure>
\n

Fractional real properties in Hawaii have several names: interval, vacation plan, or timeshare. Hawaiian timeshare is the most common term.<\/p>\n\n\n\n

\u00a0<\/p>\n<\/div><\/div>\n\n\n\n

A deed recorded with the Bureau of Conveyances<\/a> is needed to change, add, or remove an owner of a timeshare. Trusts, limited liability companies, and gifts require a change in owners. Divorce, marriage, or allowing or preventing access to a timeshare resort requires adding or removing a co-owner.\u00a0<\/p>\n\n\n\n

Trusts<\/h2>\n\n\n\n

A trust avoids probate. But the trust must own the timeshare. The current owner signs a deed to transfer their ownership to their trust. On the owner\u2019s death, a second deed transfers ownership out of the trust to the beneficiary who is to receive the timeshare.<\/p>\n\n\n\n

Limited Liability Company<\/h2>\n\n\n\n

A person forms a limited liability company for tax purposes and liability protection. To work, the timeshare must change from the owner to a limited liability company by deed.<\/p>\n\n\n\n

Gifts<\/h2>\n\n\n\n

Deeds are used to gift timeshares<\/a>. The current owner no longer uses the timeshare but continues paying 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.<\/p>\n\n\n\n

Divorce<\/h2>\n\n\n\n

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 are liable for the maintenance fees.<\/p>\n\n\n\n

Add Co-Owner<\/h2>\n\n\n\n

Deeds also add 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.<\/p>\n\n\n\n

Hawaiian Interval, Vacation Plan, or Timeshare Summary<\/h2>\n\n\n\n

A 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 requires adding or removing a co-owner. The recorded deed is forwarded to the timeshare company to update their records of owners.<\/p>\n\n\n\n

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.<\/p>\n\n\n<\/div>","protected":false},"excerpt":{"rendered":"

Fractional real properties in Hawaii have several names: interval, vacation plan, or timeshare. Hawaiian timeshare is the most common term. \u00a0 A deed recorded with the Bureau of Conveyances is needed to change, add, or remove an owner of a timeshare. Trusts, limited liability companies, and gifts require a change in owners. Divorce, marriage, or …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[65,66,64],"class_list":{"0":"post-559","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-http-hwaiiantimeshares","7":"tag-hawaiian-interval","8":"tag-hawaiian-vacation-plan","9":"tag-hawiian-timeshare","10":"anons"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/posts\/559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/comments?post=559"}],"version-history":[{"count":16,"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/posts\/559\/revisions"}],"predecessor-version":[{"id":787,"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/posts\/559\/revisions\/787"}],"wp:attachment":[{"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/media?parent=559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/categories?post=559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deedandrecord.com\/index.php\/wp-json\/wp\/v2\/tags?post=559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}