Fraudulent Transfer Companies

Transfer Companies may all sound good at first, but many either fail to achieve the goal, or in some cases can never perform the promised “transfer” for a variety of reasons—both legal and ethical. What really is needed is a LEGAL ownership divestment ABSENT tailing liabilities. Many of these outfits ‘claim’ to be able to transfer your timeshare, and they ALL take your money [Upfront Fees, typically $3000-$5000 that may end up being NON-REFUNDABLE], but the harsh reality is that some are just simply clueless (and can’t finish), while others are a complete fraud (never transferring anyone’s timeshare).

NON-PERFORMANCE and TRICKS… MANY ASK: “is this even legal at all??”

Unscrupulous “transfer” outfits plan in advance to go out of business and walk away with millions (only to open in another state under a different name). The Washington Public Interest Consortium was briefed by a very prominent colleague of the 2010 Conference of National Association of Attorneys General regarding these infamous operations that are labeled “Mushroom Corporations” because they pop-up in one state out of the dung… only to die off rapidly, and then resurface under new names in new states.

No matter the reason, if the transfer company does NOT finish, you will still own a timeshare
[But go figure… they still want to keep your money].

The power-game here is that Consumers are forced under high pressure sales to act immediately and relinquish up to $5000 to trust an “entity” that can go out of business tomorrow, leaving you stuck with your timeshare (and maybe no Deed). Having said that, it is not to disparage a highly rated transfer company based upon industry association, because a select few may be quite capable on the transfer level.

BE EXTREMELY CAREFUL because the Industry is deeply immersed in Shark Infested Waters, so it’s a good idea to obtain research & reliable recommendations from a Lawyer you know who can subject such companies to scrutiny. When it comes to the unusually high fraud-rate and endemic nonperformance (the same result), these are extremely precarious waters to navigate, and further complicated by sophisticated tactics, deceitful schemes and hardball sales tactics that confront consumers.


Fraudulent Transfers may appear on a piece of well-crafted paper to have achieved your goal: BEWARE! If an owner’s resort or vacation club is defrauded, sellers may have Secondary Liability for financial obligations per contract or law and potential liability depending on individual facts for Fraudulent Conspiracy.

tick… tick… tick…


Lurking liabilities should be a concern to anyone who has self-protective instincts. Your resort may be friendlier, but a prudent person may not want to test any company that has been defrauded in a Sham Sale that takes their Revenues. Major vacation entity losses could be astronomical prompting them to seek protections. So one would suspect that the same resorts and vacation clubs are not very willing to work with any outfits they suspect of fraud, causing Owners to be severely hampered, delayed or simply denied any ability to free themselves.

The ultimate takeaway that should be significant to you, is that:
You just simply want out with NO LEGAL STRINGS ATTACHED (without tailing liabilities) safe options