What happens when timeshare owner passes away

Just wondering. We have a family member that owns a timeshare that no one in the family wants. It's paid for and deeded, and no maintenance fees are currently owing. What happens when they pass away. Does the account and responsibility just die with them? He bought it as a resale, not directly from the timeshare company. Any info or recommendations would be appreciated.

derekm121 wrote:

We have a family member that owns a timeshare that no one in the family wants. What happens when they pass away. Does the account and responsibility just die with them?

Let's clarify the first and most important thing. Despite what the many PCCs and charities would have you believe, no one is forced to accept an unwanted timeshare willed to him. If you are listed as the recipient of the timeshare in the will, you can disclaim it saying you don't want it.

No, the account and responsibility do not die with the owner. The owner's estate is still responsible for it. Keep in mind that laws regarding this vary from state to state or country to country.

Since you say that everything is paid for, here's my personal recommendation. Have the owner or executor of the will contact the resort's HOA and explain the situation. Say that the owner has no heirs who want the unit. Ask the HOA if it can be listed in the will as the recipient noting that it will be a lot easier for the HOA to accept it upon the owner's death than to have the unit in limbo while the estate is being figured out.

Many would also recommend seeking legal advice from a professional law person who deals with things like these rather than on a public forum where you could get all sorts of advice that's not applicable for your jurisdiction.