What to confirm before closing
- Match the parties, resort, interest and usage rights to the purchase agreement and ownership record.
- Get an itemized statement of the price, assessments, any payoff, transfer charges and who pays each item. Confirm the settlement contact through a known channel.
- Check the applicable cancellation deadline, any right of first refusal and any required plan approval or transfer paperwork.
- Confirm the first use year, whether a reservation transfers and which documents establish completion.
What completes the transfer?
The closing professional or managing entity can identify the required instrument. In Florida, the rules for covered timeshare plans distinguish delivery of a recorded deed for a timeshare estate from delivery of the transfer instrument for a timeshare license. Separate resale-transfer service requirements can also apply. Florida Statutes §721.15 Florida Statutes §721.17
Keep the signed settlement and transfer documents, applicable recording details and confirmation that the plan updated its ownership records. Compare written terms and actual charges before paying a resale service. FTC timeshare consumer guide
Review the estoppel or assessment statement and the first-refusal process before agreeing on the closing steps.