What addendum? The banked points can already be documented in the purchase agreement? Was there more change after the initial contract was signed? It seems unusual to ask for it now. What if you or the seller refuses to sign? Does that mean the deal breaks apart? Then it's an opportunity to escape from this transaction if there is a buyer / seller remorse. No?
the purchase was contingent upon the seller banking the 2012 points. the seller agreed that. the addendum came over today saying the next anniversary will have 286 pts, will exp 2014. I just wonder why one is coming over if it was done before hand and who is requesting it.
Did you sign the contract before they banked the points? We had to sign an addendum, but that was because something changed after we signed the original contract. The agent probably just needs to document the change. And you're right, it doesn't have anything to do with passing ROFR. Good luck though!
But my question is though, is Disney requesting the addendum?
who is asking for that-the broker or disney? and I'm assuming this doesn't necessarily mean we'll pass, but is Disney requesting this addendum or is the agency requesting this for the banked points?
Ask your broker.
If your contract didn't have the points listed as banked, then you'd need an addendum to show an accounting of what is actually in the contract you are buying. I had to sign one once. I believe it was then sent to Disney as an update but was told it didn't effect the ROFR timeline.
I don't see how it makes any difference, but Michael's answer above is the only correct answer -- "Ask your broker." Anything else is guesswork and speculation.But my question is though, is Disney requesting the addendum?
on the actual contract it said 136 points avail. next anniversary will have
150. So I take it they must've banked them after then?