Let's say someone purchased a timeshare in Orlando 13 years ago. They agreed to pay a portion on a mortgage, however, before that got set up, the owner of the resort stepped back in and kicked the marketing company out. The buyer never was billed for the remaining balance.
The resort owner has remained as the managment company ever since and has allowed the timeshare buyer/owner to continue using the week, paying annual fees, even though they are aware that no Satisfaction of Mortgage has ever been recorded. The timeshare owner has a deed.
Where does the timeshare owner stand now if they want to sell their week?
TIA
The resort owner has remained as the managment company ever since and has allowed the timeshare buyer/owner to continue using the week, paying annual fees, even though they are aware that no Satisfaction of Mortgage has ever been recorded. The timeshare owner has a deed.
Where does the timeshare owner stand now if they want to sell their week?
TIA