And let me say for the record, that I dont mind being corrected because its all in the spirit of understanding our contracts better..............
The reason I said it was far fetched occurrence, because it is. Last year when Comcast was attempting a hostile takeover, one of the concerns was that DVD could be sold in whole or in part or the WDW resorts could be sold in whole or in part. If that were to occur, the POS only guarantees use of the actual
DVC property filed with the state of Florida.
Yes I agree that the dimensions of SAB are defined in BCV's POS, but under a Common Facilities Agreement on pg. 20 section (b) (i):
(b) Certain other recreational and commonly used facilities are made available to Owners, Club Members, their guests, exchangers and renters of the Beach Club Villas through the Common Facilities Agreement and are described as follows:
(i) Feature Swimming Pool and Sun/Bathing Deck................capacity of 1200 persons.
(ii) Hot tubs at Feature Swimmimg Pool..........3 with a capacity of 9 persons each.
and continues with the physical description of SAB.
They made it a point to declare what was being sold as part of the BCV's which was Dunes Cove and Hot Tub and what was covered by the CFA (SAB) .
Pg. 21 (5) goes on to say:
DVD is not required to construct or declare as part of the Beach Club Villas any recreational or other commonly used facilities other than those facilities contained in the phases of the Beach Club VIllas initially declared to the condominium form of ownership..................................
Thats a mouthful, and since I did not receive the CFA as part of my packet I dont know what the terms of agreement are, but I think the word Agreement is key.
Let me add that I am a proud BCV owner and would never want this to be invoked as we love SAB, and that was a big part of us purchasing and adding on there but I went in fully understanding that alot can happen in 37 years and this was a possibility.