Can a contract be broken into seperate contracts?

Discussion in 'Purchasing DVC' started by fflmaster, Apr 25, 2012.

  1. fflmaster

    fflmaster DIS Veteran

    Joined:
    Feb 18, 2002
    Messages:
    800
    I am sure I know the answer is no, but I thought to get the correct answer for sure I would post this question.

    I have a contract of 285 points for BCV.

    I would rather have a contract of 150 points and sell the other 135 points to buy GFV when it comes avail.

    Is this possible?

    I totally messed up when I oringinally purchased my BCV back in 2002. I never thought of breaking the points into multiple contracts to give me flexibility.
     
  2. Avatar

    DIS Sponsor The Official Ticket Center is Orlando’s #1 discount attraction ticket agency, selling millions of Walt Disney tickets around the world.



    to hide this adverts.
  3. palhockeymomof2

    palhockeymomof2 DIS Veteran

    Joined:
    Nov 14, 2001
    Messages:
    1,124
    I'm pretty sure the answer is no as well...why not just call ms to confirm
     
  4. drusba

    drusba I went to Iowa once, and it was closed.

    Joined:
    Aug 19, 1999
    Messages:
    9,578
    No, a contract cannot be divided. What your contract is actually for is an interest in a piece of real estate. Points are the symbols that represent that interest. From a legal viewpoint, trying to divide your contract would be like trying to cut in half your home and sell it in pieces.
     
  5. CarolMN

    CarolMN DVC Co-Moderator Moderator

    Joined:
    Aug 18, 1999
    Messages:
    23,882
    No. If you bought one contract for 285 points, then that is the only way you may sell it.

    If you had a Master contract of say 150 points with an add-on contract of 135 points, then you could choose to sell either of those contracts independently from the other.
     
  6. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

    Joined:
    Mar 20, 2000
    Messages:
    45,654
    It's like when you buy a house. You can't just sell off part of the house to another owner.
     

Share This Page