Services

Either the buyer or seller will contact Global Network Realty to complete the timeshare sale. Once we confirm the details of the transaction, we will request the agreed deposit of funds to cover any fees and transfer costs. These funds will be held in our closing trust account. Next, the seller will send a copy of their recorded deed or membership certificate to legal@globalnetworkrealty.com (if you do not have your deed or certificate, we can assist you in obtaining a copy). We will then verify the seller’s account information with the resort to ensure accuracy.

Once we have all the materials we need and have confirmed your account status, we will prepare all necessary transfer documents. These documents will be sent to all parties involved in the transfer with specific instructions on how to complete them. Once all documents are completed and returned, the balance of funds would be requested from the buyer as detailed on the buyer’s closing statement. The buyer’s funds are securely placed in the escrow account as the documents are reviewed by legal team.

Assuming the transfer documents are accurate and error-free, the deed is sent to the appropriate county and state recording department. If the property being sold is not deeded, then all transfer documents are sent to the resort for final processing. When the recorded deed is returned to our office, we send the original deed to the new owner and send a copy to the resort to advise them that there has been a change in ownership. Once that process takes place and the resort has updated their records, the closing and transfer of ownership is complete.