Timeshare Transfer: Easy Ways to Move, Sell, or Give Away Your Vacation Spot

If you’re tired of paying annual fees for a weeks‑long getaway you never use, a timeshare transfer could be the answer. Whether you want to sell it, hand it to a family member, or simply ditch it, the process isn’t as scary as it looks. Below you’ll find the practical steps you need, the paperwork involved, and the biggest mistakes to avoid.

What Exactly Is a Timeshare Transfer?

A timeshare transfer is any change in ownership – a sale, a gift, an inheritance, or a trade. Most developers require you to get their approval before you can move the title, but the basic idea is the same: the new owner steps into your shoes, and you step out of the contract.

Choose the Right Transfer Method for Your Situation

Sell it. The fastest way to recover money is to list the timeshare on a reputable resale site or work with a licensed broker. Expect to pay a commission (usually 5‑10%) and be ready to negotiate the price. Most sales happen at a discount because buyers know the market is tight.

Give it away. If you have a relative or friend who would love a vacation spot, you can transfer the title as a gift. You’ll still be on the hook for any outstanding fees until the new owner’s name is on the deed, so clear those first.

Trade it. Some resorts run exchange programs where you can swap weeks for points or other destinations. This can be a good way to keep the benefits while changing the location.

Donate it. Charities sometimes accept timeshares, especially if they can sell them later to fund programs. You’ll need a donation receipt for tax purposes.

Step‑by‑Step Checklist for a Smooth Transfer

1. Review your contract. Look for clauses about transfers, buyer‑approval timelines, and any transfer fees. Some developers charge a flat $500‑$1,000 fee.

2. Settle any arrears. Outstanding maintenance dues or special assessments block the transfer. Pay them off or negotiate a payment plan before you proceed.

3. Gather paperwork. You’ll need the original deed, a signed transfer agreement, proof of identity, and any developer‑required forms.

4. Find a buyer or recipient. Use trusted platforms, local classifieds, or a broker. Vet the buyer to avoid scams – ask for a copy of their ID and a deposit.

5. Submit the transfer package. Send all documents to the resort’s management office. Many now accept electronic uploads, which speeds things up.

6. Wait for approval. This can take 2‑6 weeks. Stay in touch with the resort’s representative and ask for a timeline.

7. Close the deal. Once approved, the new owner signs the deed, you receive the final statement showing the transfer is complete, and you’re free of fees.

Common Pitfalls and How to Avoid Them

Don’t skip the developer’s transfer fee – ignoring it can delay the process for months. Also, never send money to a buyer before the deed changes hands; escrow services can protect both sides. If you’re gifting the timeshare, remember that you might still be liable for taxes if the value exceeds the annual gift exemption.

Finally, beware of “timeshare exit” companies that promise a free release. Most are scams that ask for upfront fees and never deliver. Stick to the official transfer route or a licensed broker.

Transferring a timeshare doesn’t have to be a nightmare. By knowing your contract, clearing fees, and following a clear checklist, you can move on from unwanted vacation costs quickly and safely.