What fees are involved in a timeshare resale closing?
The typical fees in a normal resale escrow are the escrow fee, title insurance and search fees (if applicable), resort statement and transfer fees, demand fees, recording fees and state transfer fees and taxes (if applicable), and other out-of-pocket expense(s) pre-authorized by the Parties. After the transfer has been completed and the buyer owns the timeshare interest, the Buyer will be responsible for paying all future resort maintenance dues and fees, exchange company membership and exchange fees (if applicable) and property taxes (if applicable).
