Possible to split a contract?

Discussion in 'Purchasing DVC' started by Sheriff Woody, Oct 5, 2013.

  1. Sheriff Woody

    Sheriff Woody Mouseketeer

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    I have a 100 point contract. Is it possible to sell or gift 50 points? Or would I have to sell all 100 and buy back 50?
     
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  3. boiseflyfisher

    boiseflyfisher <font color=red>I'm curious, too<br><font color=ro

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    You cannot split a contract. If you only wanted 50 points, you would have to sell your 100 and buy a 50 point contract.
     
  4. chalee94

    chalee94 <font color=green>I thought all sand was ground up

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    yep - if DVC ROFRed your contract, they could split it up, but you cannot. for us, it is all or nothing.
     
  5. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    As noted, it's not possible for us to do so but DVC can. However, it's likely not reasonable to do so unless you also absolutely must change resorts. Assuming the same resort, by the time you pay a little more pp for the 50 pt contract, pay commission on the 100 pt contract and pay closing on the new contract, you're out maybe $1400 on the transition netting you only around $2300 or so in the transition. Better to keep them and use them or rent some every couple of years. The exception might be if you owned at a high cost/high demand resort like VGC or VGF and wanted to move to SSR, OKW VB or HH. Now if you own another contract also, you might be able to sell the entire 100 and make due with another contract if you have one. I'm not sure you're reasoning for this possible action but if it's financial, I'd likely either rent the points or sell the entire thing and then maybe buy back in 2-3 years from now, esp since I think we're at a relative high for resale right now.
     

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