IfI sold a timeshare and the buyer did not pay maintenance fee, am I legally responsiblefor paying them?
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IfI sold a timeshare and the buyer did not pay maintenance fee, am I legally responsiblefor paying them?
I sold a timeshare in 2008. The property was transferred and recorded with the county. Buyer did not pay maintenance fees for 2009-2010. Timeshare is trying to collect fees from me. Do I have to pay fees?
Asked on November 29, 2010 under Real Estate Law, North Carolina
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
And all parties were notified of the transfer, correct? Then why are they coming after you for the maintenance fees? I would again notify the timeshare, in writing, of the fact that the timeshare was sold and all obligations were transferred to the other party (name them) and that you are no longer responsible for the maintenance fees after the transfer. I would make sure, though, that all the paperwork was properly handled and that the transfer was indeed recorded. Make sure that you complied with the rules of the timeshare for notifications as well. Double checking never hurt anyone. And if the transaction was handled by an attorney check with them as well. Good luck.
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