Banked Points Question

[cmd128]

Hi All,

I'm new here & very confused. We are in the process of buying a re-sale at SSR with a Use Year of June. In the contract it states that we will get 57 points banked in 2006, 167 points from 2007 & then all 200 in June 2008. I think I have that right.

My question is this, how long are the 57 points from 2006 good for? Do they expire?
We live only about an hour from Disney World so it's not like we have to plan a huge vacation. We plan on using them for one or two night stays throughtout the year & also let our kids use them with their families.

Thanks for any & all help.
Cindy

 

[Granny]

Hi Cindy, and welcome to the DIS Boards.

A June UY replenishes points every June 1, and the points expire a year from that time unless banked.

The 57 points banked from the June 2006 UY are now in the June 2007 UY. They cannot be banked again, and will expire on May 31, 2008.

Hope that helps.

Congratulations on your SSR purchase, and enjoy your DVC!