Points in reservation status can not be used for DVC Resorts or RCI Exchanges. They can only be used for Disney Collection, Concierge Collection or Adventurer Collection Reservations which require a $95 transaction fee.
When you book a vacation at a Disney Collection, Concierge Collection, or Adventure Collection destination, your points are converted from Vacation Points to Reservation Points. If you later cancel that reservation, the points keep that designation. They can no longer be used for the DVC Collection or the World Passport Collection, as the PP indicated.
The collections where Reservation Points can be used all involve a $95 fee. The only exception to this fee would be a few resorts in the Disney Collection (Disneyland California and Hong Kong) where these fees don't apply.
So this is where i get confused , the listing reads.
314 points in reservation status. 4/1/13-4/1/14. 10.PP.use for hotels @ WDW and Disneyland. Minimum 3 night stay and 95. Fee. So to me it says DVC. And that's why i'm confused.