Benefits of Transfer Assistance:
Private Timeshare will engage with your purchaser and arrange for the relevant transfer documents to be signed and the agreed purchase price paid to us. Upon receiving the documents back from your purchaser, Private Timeshare will require these documents to be signed by the seller. The documentation required for transfers is in the form of a simple Cession Agreement or Limited Power of Attorney whereby the current owner (Cedent) cedes his rights, title and interest in the Timeshare company to the buyer (Cessionary) who accepts – a CM42 Transfer of Shares form is also completed. In this case, the transfer process takes approximately 8-12 weeks. Upon transfer the purchase price is then paid to the Seller.