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TICOR TITLE INSURANCE COMPANY
VACATION OWNERSHIP SERVICE DIVISION
Ticor Title Insurance Company fka American Pioneer is dedicated to
providing better service to the Interval Ownership industry. Our
Vacation Ownership Division has been operational since 1995 and
currently processes over 6,000 conveyances per month for our
Developers or Agents.
Back in 1995, we took a long, hard look at how Interval Ownership
conveyances were being treated in the marketplace and what we
discovered is no one took that market seriously. We developed a
unique perspective with regard to the processing of interval
ownership properties. We believe that each and every development
is important and deserves the highest quality of service available
and should not be treated as throw away business. Each resort is
unique and as such may require a unique set of services, that’s
why we offer a menu of services to the Developer or Agent and
price those services accordingly.
Some of those services include:
- Audit recording documents for accuracy and proper execution
- Calculate Recording Fees
- Calculate Title Premium
- Tracking of sold conveyances (unit/weeks, points, etc.) to avoid
duplicate sales
- Type final policy and maintain agency inventory
- Title updates, name searches, unit searches, upgrade and foreclosure searches
- Escrow services for funds and/or documents
We also offer an owner services product for those owners that
want to add someone to title or remove someone from title due
to marriage, death, divorce, or establishment of a trust. Many
times the Developer is not equipped to handle these transactions
or chooses not to, so we developed within the Vacation Ownership
Division a separate department that processes these requests.
Our customer base is varied, servicing large Developers such as
Hilton, Hyatt, Starwood and Tempus Resorts, but also smaller
resorts such as Amber Group. We provide service to Developers
all over the United States, Caribbean and Mexico.
Our in-house tracking system allows us to literally build an
Interval Ownership title plant through use of a tracking system
that actually tracks any and all documents related to that particular
unit of time. We have the ability to track not only unit/weeks, but
also points and undivided interests as well as non-deeded properties.
Our staff is experienced and very well trained to service the
industry and more important, that is all they do. Interval Ownership
processors only work on resort projects, which means we can focus
on the Interval Ownership needs more efficiently, without the
distraction of the “residential” world.
We have searched and issued insurance for large collateral loans, as
well as transfer of ownership for an entire resort. Some of our lender
customers are Finova, Textron, Greenwich and GMAC.
Ticor Title Insurance Vacation Ownership Division provides a level
of service never before experienced in the Interval Ownership market.
We truly believe that Interval Ownership should be a respected part
of the marketplace and as such focus on that industry’s needs,
providing the highest quality of service available.
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