Do You Need Title Insurance When Buying A Timeshare?

Title Insurance (in terms of how it relates to timeshares) is an optional insurance for the buyer. It serves to protect the buyer against financial loss due to title or deed defects, unpaid liens, back taxes owed or other problems may affect the transfer of ownership of a timeshare.

If you are buying a deeded interest in any real estate, you should require title insurance to make sure that your title is unencumbered.

Note however that title insurance only protects the buyer up to the purchase price of their timeshare. It does not usually cover the closing costs incurred. When securing a title insurance, be sure to read through the entire the policy and details. Also consider the cost of the insurance in relation to how much you are buying the timeshare for.

Please send questions about this website to webmaster
Copyright© 1996 - 2023 All Island Timeshare Resales (AITR). All rights reserved.
Terms of Use / Legal Disclaimer / Privacy Statement
Site Designed and Managed by MacBusiness Consulting