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Old 01-24-2008, 01:47 PM   #1
PhilUK
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Old Key West Extension

Anyone declined the OKW Extension from UK ? I understand we still have to get this Notarised. How is this done?

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Old 01-24-2008, 04:41 PM   #2
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I've declined. I've had acknowledgement that they know I have declined but I haven't had any paperwork through yet to sign.
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Old 01-25-2008, 06:30 AM   #3
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My sister and I declined by email but we haven't had any paperwork yet.
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Old 01-26-2008, 01:09 PM   #4
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OK, daft question: why do you have to get papers signed and notorised for NOT taking up the extension? We've not even responded to the offer.

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Old 01-26-2008, 01:55 PM   #5
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You have to sign over to disney the rights over the extra 15 years. All contracts are being extended so if you don't want it you have to give it to disney.
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Old 01-27-2008, 01:19 PM   #6
Ali and boyz
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can I ask was the extension expensive ?
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Old 01-27-2008, 02:10 PM   #7
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I think it was $15 per point if you agreed before a certain date. Then it was $25 per point.
I wonder if they will offer the other resorts, BCV,BWV & VWL next?
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Old 01-27-2008, 04:41 PM   #8
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Quote:
Originally Posted by mikki.young View Post
You have to sign over to disney the rights over the extra 15 years. All contracts are being extended so if you don't want it you have to give it to disney.
Thanks for your response. I really must pay more attention to the mailshots. This has provoked much discussion in our house and DH has decided that it is too good an opportunity to miss. So, double thanks!

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Old 01-28-2008, 03:47 PM   #9
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Quote:
Originally Posted by lesley.a.murray@talk View Post
I think it was $15 per point if you agreed before a certain date. Then it was $25 per point.
I wonder if they will offer the other resorts, BCV,BWV & VWL next?
how many years extension do you get
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Old 01-29-2008, 03:16 AM   #10
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It's a 15 year extension, so basically $1 per point per year, so it's a good deal if you can pass it on to your children etc. As we will be well in our 80's by then I'm still on the fence... it would add to your resale value I think, but that is still a risk..
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Old 01-30-2008, 12:59 PM   #11
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We declined by email. Apparently there is some paperwork on its way for us to sign.

Seems like a poor deal really. It would have cost us $6000 now, and no benefit for anyone until the year 2042!
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Old 02-05-2008, 10:52 AM   #12
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we declined as well the grand kids can fend for them selves!! but we still had a phone call from the rep chasing us up about it
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Old 02-12-2008, 05:50 AM   #13
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We declined in November and have not had any response at all
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Old 02-13-2008, 02:33 AM   #14
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Quote:
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We declined in November and have not had any response at all
Same here - we sent back our form declining but apart from a mail shot offering us financing to extend we haven't heard anything
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