Title Insurance And Timeshare Resales

For timeshare resale buyers, if you are buying a deeded interest in any real estate, you should require title insurance to insure your title is unencumbered.

Title insurance for a timeshare is quite similar to title insurance when buying a home or piece of real estate. It is meant to protect you against any issues that may arise with the title that could prevent its transfer such as back taxes owed, overdue maintenance fees, title defects, unpaid liens or other factors that slow down the transfer of property ownership.

Take note that title insurance only covers the buyer up to the purchase price of the timeshare. It does not generally cover any of the closing costs incurred. Like all insurance policies, it is best to read all the details before you decide on anything!

For more questions about Timeshare Resales, visit our Buyers FAQ page here.

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