: You must obtain a copy of the recorded quit claim deed as your permanent proof that ownership has been transferred.
: Do not stop paying maintenance fees until you receive written confirmation from the resort that the new owner is officially on record. 2. When a Resort Permanently Closes
Resort closures often happen due to dwindling membership, financial instability, or a developer’s decision to exit a specific market (e.g., Wyndham’s announced exits at certain locations for 2025–2026).
: If the resort property is sold to a new developer or converted into a hotel, deeded owners may be entitled to their share of the sale proceeds. 3. Immediate "Closing" (Cancellation/Rescission)