Can we deed back a timeshare in Fl

We have never used. It is paid in full.
We keep paying taxes since 2000.

Asked on November 12, 2018 under Real Estate Law, Missouri

Answers:

M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

If the timeshare developer, etc. agrees to take it back (and it must agreel they cannot be forced to do so), typically in order for this to be successful the timeshare should be paid off and have no back taxes or fees, etc. owed to the resort. Other options are to sell it yourself or to donate it to a charity that will take it and for which you can get a tax deduction. Many resorts are obliging to help with the transfer to a charity. You should look in to it as it may be a better option for you. 

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

No, there is no right to deed it back. Certainly, you can *ask* if they will take it back, but you cannot make anyone, including the original developer or seller, accept or take property without their consent. You would them to voluntrily agree to take the timeshare back.


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