Likewise, you want to transfer the residential or commercial property totally free and clear your buyer, so make certain property taxes are paid and property owner's association charges are existing. Step 3 has to do with appropriate documents. Find your initial documents file from when you bought the timeshare. You will require the specific legal description of the timeshare.If you are handling the transfer yourself, such as if you are deeding the property to a buddy or back to the management business, then hire an attorney to prepare a Warranty Deed for you to sign. The Warranty Deed recognizes the legal description of the residential or commercial property and the full name of the person or entity to whom you are transferring your interest.