Closing Costs

What are Closing Costs?

When a timeshare is sold or resold, certain fees are associated with the closing of the sale. These Closing Costs pay for such services as: holding and transferring escrow, recording fees and timeshare deed recording expenses, payment of funds to seller, providing resorts with notice of change of ownership, preparation of the deed, equity transfer for Right To Use properties and administrative fees. Generally, with resale the Closing Costs are incurred by the buyer.

Back to Glossary