Report Abuse

[Q=michellea449] Thank you both for your responses! I have advertised it on TUG and have several folks interested. Does anyone know if it is more difficult/costly to transfer (deed) to someone who does not live in the US? Thanks![/Q] Good question, slightly complicated answer. The new deed, once prepared, will only require notarized signature of the "grantor" (that's you); that part is straightforward enough. You can find a legitimate low cost closing entity to handle deed details (it would cost about $200 using LT Transfers of Georgia, for example). The resort may also charge their own additional "transfer fee" (a separate cost from the "closer's" fees), so you and your prospective "grantee" need to work out who will be paying those various mandatory costs. If the new grantee is Canadian, that's fine. However, if new grantee is on another continent, the resort will likely have serious concerns regarding whether that grantee is legitimate or just a fictitious name. It's not "profiling", it's simply a resort concern for receiving future maintenance fees. Fictitious persons obviously do not pay maintenance fees. In brief summary, it will be a lot easier and cleaner for all involved if your new "grantee to be" is located in the U.S.A. or Canada.