I suspect DVD would likely extend the life of BWV and BCV, but it doesn't necessarily mean that it would extend the life those those respective condominium associations. A new condo association would permit DVD to make a number of changes to the master declarations, including changes to the
point chart.
I've always thought that DVD undervalued BWV's points and that it should have been allotted at least 20% to 25% more points. Although BWV's Standard View point costs are beloved by many, DVD greatly underestimated what it should have charged for those villas. By creating a new condo association in 2042, it can rectify that "mistake" and bring the point costs at a resort like BWV up to current values.
How many current BWV owners would still want to own at BWV if it had a point chart more similar to VGF or VGC? I lot of the current owners will complain and not want to buy into the new BWV in 2042. But there will probably be many, many more new buyers -- some not even born yet -- that will be attracted to a new BWV and its location that will happily buy into the new condo association.