Adding-on a small contract in order to get the member perks.

[CarolAnnC]

There are more reasons than just this to buy in at a small number of points. I do feel that someone who buys in as a small number is more likely to add on than one who owns a lot of points but it will vary with the individual. DVC will not get involved in looking at the individual on this or most matters, they will look at the overall situation.

I was keeping with the topic here entitled "Adding on a Small Contract in Order to Get the Member Perks" .

Yup there are many more reasons, but not going to get off on that tangent, LOL!!

 

[PEANUT1]

Also, anyone you are sharing your contract with opens you up to issues - they get divorced, your DVC contract is now part of their marital assets. They declare bankruptcy, your DVC contract is part of their assets. And just coordinating use of the actual points - particularly with a small contract - assuming some of your family actually wants to use the points and not just the perks.

Over the years we've had several posters post about the legal difficulties a shared contract creates when someone gets divorced or declares bankruptcy. It generally seems to work out well, but its a pretty big headache.

actually....my attorney said that this is not the case bc shared ownership can not be separated if there was a divorce.

 

[Dean]

I was keeping with the topic here entitled "Adding on a Small Contract in Order to Get the Member Perks" .

Yup there are many more reasons, but not going to get off on that tangent, LOL!!

That's cool but I don't think you can limit the thinking to the reason for the type of purchase, only the size of the purchase, when it comes to this issue. As I said, DVC will not worry about the intent of a given potential member, only the generics and overall impact for that type of member. And as I said earlier, careful what you wish for, some may not like the fix if one were forthcoming, one of which would be to limit the size of add ons to much larger than 25.

 

[Dean]

actually....my attorney said that this is not the case bc shared ownership can not be separated if there was a divorce.

It may vary from state to state but overall I think your attorney is somewhat wrong. While it can't be divided, the sale could be forced easily. The portion that would be at risk is only the appropriate percentage in all likelihood.