Please feel free to click here and read the most common questions.
How long will it take to transfer my timeshare?
It typically takes approximately 180 days to transfer your timeshare. There are many steps involved in a proper timeshare transfer including acquiring estoppels, gathering documents, researching the proper transfer steps, notarizing final documents, communicating with county registrars and much more! Please rest assured that GEMS will indeed transfer your timeshare and please be patient with the process. Most of these steps are out of the control of GEMS and have nothing to do with your new vacation program.
Can GEMS transfer a property that has outstanding fees on it?
No. GEMS cannot transfer a property that has an outstanding balance, maintenance fees or any special assessments due. Once the membership has been paid in full, then we will happily transfer the property for you.
How far in advance must I have my maintenance fees paid?
Since the average time to transfer a timeshare typically takes 180 days, you must have pay all maintenance fees (or special assessments) due within 180 days from when GEMS acknowledges receipt of your initial transfer documents.
Can I keep the weeks that I paid my maintenance fees for?
Yes, you may keep any of the weeks that you have paid your maintenance fees for. The best way to do this is to either deposit your inventory with your preferred exchange company or confirm your vacation with your home resort.
I actually love my timeshare, and I don't want to trade it in, is there a way that I can keep it?
There may be a possibility that you can keep your timeshare. If this is important to you, please inquire with an GEMS exchange executive so that we can communicate with your new vacation program to see if an arrangement can be made to retain your property.
I was given an equity credit on my sales presentation, do I have to pay taxes on that?
No. Any equity credits, extra inventory considerations, or any other compensation that may or may not have been provided you, does not have any taxation requirements.
I currently own a timeshare, and I don't want to purchase another one, will you take my property?
No. Global Equity Management and Solutions strictly provides transfer services for timeshare owners who are trading in their currently owned program for a new one. If you are not using your existing timeshare to purchase another vacation program, or are not working with an affiliated GEMS Resort Partner, you may not use our transfer and assumption services.