ROFR and UY

Discussion in 'Purchasing DVC' started by johnsbelt, Mar 13, 2013.

  1. johnsbelt

    johnsbelt Mouseketeer

    Joined:
    Jun 1, 2010
    Messages:
    91
    With all the talk of DVD beginning to ROFR at a higher rate than in the past, I was wondering if DVD can change the UY of the contract? Let's say I'm purchasing a contract has a UY of Feb and DVD has a waiting list for June.

    Can DVD ROFR my contract and change it's use year to satisfy the June waitlist?

    And as far as ROFR goes, I would be willing to say that a stripped contract has a better chance of passing ROFR than a loaded one because DVD couldn't sell the points until there are points available. I haven't done any research but just thinking. :idea:

    John
     
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  3. jlapointe30

    jlapointe30 Earning My Ears

    Joined:
    Mar 17, 2010
    Messages:
    53
    DVD cannot change the UY of a contract as it is the UY is declared at the time of the unit declaration. A contract is just part of a unit so they would have to change all the contract of the unit to be able to do this. Highly improbable!
     

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