Rockaway Beach Resort

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Info about Timeshare Transfer of Ownership

I have been doing legal work for Rockaway Beach Resort for the past several years. One issue that continually comes up is that people do not realize that their timeshare unit ownership time is a deeded real property interest, just like a home. The confusion seems to arise most frequently when the owner dies, or wants to give the timeshare interest to their children.

Since the timeshare is a deeded interest, it must have its ownership transferred just like the sale of a home – with a deed. If a person dies, then their real estate interest must be either probated or transferred via a Small Estates Affidavit to change the deeded title from the deceased person to their heirs. The timeshare cannot be transferred by someone paying the dues on the timeshare. If the timeshare has been transferred into a Trust before the death, then the deeded transfer has already been made, so no probate or other proceeding would be needed.

Further, real property must be probated or transferred by Small Estates Act Affidavit procedures in the state where the real property is located. If an owner lives out of state and probates their Estate in their home state, they will still need to file a Small Estates Act Affidavit in Oregon to transfer their deeded timeshare interest in Rockaway Beach Resort to their heirs.

The Resort has an arrangement with First American Title Insurance in Tillamook, Oregon for special rates for transfers of deeded timeshare interests in the Resort’s units. If you wish to transfer your ownership interest to your children, spouse or a buyer, they may be able to help you with that transfer. Once the deed has been recorded, then, upon payment of the assessments for that deeded unit, the new owner can then use the timeshare unit.


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SUMMER 2010 DRIFTINGS EDITION NOW AVAILABLE

Click here to download the latest ultra-newsy edition of Driftings!


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FLOWERS!

This year, even after the cold wet dreary

winter and spring, our flowers are looking the best ever!


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FINAL PHASE OF RIP-RAP & RESTORATION COMPLETED!

Hurray! The weather finally cooperated here on the Oregon Coast.  Dry ( at last) top soil was delivered and the North building’s grounds, including new sod, native beach grass , walkways, picnic table & bench  islands, and small solar lighting for night time safety and security were all finished prior to the  summer season kick off, July 4th.


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NEW SUPER DELUXE FOOSBALL GAME DONATED TO RBR!!!

The Duffens clan making great use of the new FOOSBALL game donated to RBR by the Niiya family of Beaverton. Thanks Niiyas!!!




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BOARD’S SALE OF SHARES CONCLUDED ON APRIL 17TH! CONGRATULATIONS TO THE OWNERS WHO TOOK QUICK ADVANTAGE OF THE FIRST COME-FIRST SERVED SHARES SALE!


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LATE SPRING STORMS BRING IN FLOATS!


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BOARD ADOPTS UPDATED DUES & ASSESSMENT POLICY

 Click here to read : Dues Policrevisedfinal 2010


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CONSTRUCTION, POOL CLOSURES AND UPGRADES ALERTS!!!

 During the week starting Friday April 9th, the restoration of the west yard  on completion of the Rip-Rap will likely begin.  That same week we will be completing the balance of the five ( 5 ) room upgrades on the forst floor of the North building.

Beginning Thursday APRIL 29TH,  THE POOL WILL BE CLOSED UNTIL SATUDAY MAY 8TH.  We are doing routine maintenance and replacing pool and spa draim systems to comply with the the Federal  VGB law.


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THE RIP RAP REPAIR

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