child turning 18

[Happy99]

When a child turns 18 how does it work with your membership? Does anything have to be changed if she decides she would like to travel on her own in the next couple of years?

Thanks for any info

 

[DebbieB]

When a child turns 18 how does it work with your membership? Does anything have to be changed if she decides she would like to travel on her own in the next couple of years?

Thanks for any info

No change, she can travel on her own. Just put the reservation in her name. She cannot get the member discount on AP's if she is no longer at your address (she would have to have ID with your address).

 

[tjkraz]

When a child turns 18 how does it work with your membership? Does anything have to be changed if she decides she would like to travel on her own in the next couple of years?

Thanks for any info

In what regard?

ANYONE can travel on the points if you make a reservation in their name. If you make her an "ASSOCIATE" on your contract, she can also make reservations herself if you want to give her such access.

As long as she can produce a photo ID with a primary address which matches the deeded owner(s), she is eligible for the Annual Pass discount and other perks. Once she moves out of your home, those perks go away unless you add her to the deed.

Adding her as an owner is fairly simple but it will cost you a couple hundred dollars. Also, there are legal implications to adding her to the contract. It will be considered her own personal asset which could impact future loan applications and the like. There are also far-reaching implications if ANY of the owners ever file for bankruptcy, get married, get divorced, pass-away, etc. Would recommend discussing with a lawyer before you go this route.

 

[Happy99]

thanks - I don't want to add her as an owner. how does it work with adding her as an associate? cannot call member service today, sneaking on during work here.

 

[erionm]

thanks - I don't want to add her as an owner. how does it work with adding her as an associate? cannot call member service today, sneaking on during work here.

You can add an associate on-line. Select 'My Profile' from the 'My Membership' drop down menu. There will be a link to add an Associate member just below the 'Individuals on Membership' section.

 

[CarolMN]

Adding her as an associate doesn't get her any discounts or perks. It doesn't get her a membership card. It just allows her to manage your account - make, change & cancel reservations or bank & borrow points.

 

[kmchisholm]

I'm an associate on my parents account and it is helpful for making my own reservations or adding myself to one of theirs for magical express. Note, I'm 30+ and can travel on my own much more than an 18yr old could

 

[Dean]

When a child turns 18 how does it work with your membership? Does anything have to be changed if she decides she would like to travel on her own in the next couple of years?

Thanks for any info

It's really no different than sending someone else, you simply make or change the reservation to their name. You do have all other issues of an 18 y/o such as rental cars and the like. Unlike most other timeshares, DVC does not have a higher checkin age than the legal age of 18 so you'd be OK there. Also, while they could approach it like cruises where if any of the party is under 18, someone has to be older like 21 but they haven't thus far. As noted, no membership perks that any other guest wouldn't receive even if she takes your card with her.

 

[jackskellingtonsgirl]

You have to PAY to have your child added as an owner? DS will be 18 next month and I was wondering about adding him. If there is no reason to add him now we will just wait a few years. If he wants to go and stay on points I will make the reservation for him. He will be living with us until he finishes college, so we have PLENTY of time to investigate the legal ramifications of making him an owner.

 

[DebbieB]

You have to PAY to have your child added as an owner? DS will be 18 next month and I was wondering about adding him. If there is no reason to add him now we will just wait a few years. If he wants to go and stay on points I will make the reservation for him. He will be living with us until he finishes college, so we have PLENTY of time to investigate the legal ramifications of making him an owner.

Yes, the deed has to be retitled.

 

[Dean]

You have to PAY to have your child added as an owner? DS will be 18 next month and I was wondering about adding him. If there is no reason to add him now we will just wait a few years. If he wants to go and stay on points I will make the reservation for him. He will be living with us until he finishes college, so we have PLENTY of time to investigate the legal ramifications of making him an owner.

DVC currently has no transfer fee but you have to go through ROFR and change the deed, this can be under 450 for a single contract or as much as $500 There are companies that will do it for much less, one for around $100. The advantages would be if he didn't live with you legally or possibly, made trips on his own. He becomes part owner, it has implication for FAFSA for college and if he has any financial issues, the contract would be at risk. We added my adult daughter because we felt the risks were minimal and she was in a stable situation, we would not have done so at 18 and we have not added my son.

 

[jackskellingtonsgirl]

Good to know! We have 3 contracts so it would be a pain to retitle all of them. It sounds like we should just wait to add him.

 

[Dean]

Good to know! We have 3 contracts so it would be a pain to retitle all of them. It sounds like we should just wait to add him.

It depends on why you'd add him. For perks it only matters if he lives at a different address permanently or will go without a registered owner. For legacy issues, I'd suggest discussing with your lawyer for such. As for doing 3 contracts, it's not that much an issue. You might be able to get the ROFR on one single letter, 2 pages and 3 deeds. Recording costs if you can get the deeds down to one page, which you likely could do for quit claim, about $50 plus mailing. To get someone else to do it would depend on whether they'd combine them to reduce costs but worst case scenario for the lowest cost one I know of would be around $350-400 total.

 

[niroc]

DVC currently has no transfer fee but you have to go through ROFR and change the deed,

You have to go through ROFR to add someone to your deed? That doesn't sound right. You are not selling your membership, just modifying your deed.
Are you sure you have to go through ROFR?

 

[Dean]

You have to go through ROFR to add someone to your deed? That doesn't sound right. You are not selling your membership, just modifying your deed.
Are you sure you have to go through ROFR?

That's the process they use, it's just a technicality, there's no risk to adding or deleting someone and reservations are not cancelled.

 

[niroc]

That's the process they use, it's just a technicality, there's no risk to adding or deleting someone and reservations are not cancelled.

Interesting. I have not heard this before. Thanks

 

[Dean]

Interesting. I have not heard this before. Thanks

This is the process they chose with having ROFR and creating a deed system rather than a trust system. My guess is they wish they'd gone the other way as I see no advantage for DVC for this system and a number of disadvantages. Regardless, it's not a big deal but can be an aggravation and expense for such situations, trusts, LLC's, etc.

 

[jackskellingtonsgirl]

I didn't have a concrete reason for wanting to add him. I just figured if he had his own blue membership card, well, he would have one.
Adding him as an associate would be fine, but it would also serve no useful purpose at this point in time. I loathe paperwork, so we will just leave it alone for now.

 

[niroc]

This is the process they chose with having ROFR and creating a deed system rather than a trust system. My guess is they wish they'd gone the other way as I see no advantage for DVC for this system and a number of disadvantages. Regardless, it's not a big deal but can be an aggravation and expense for such situations, trusts, LLC's, etc.

It still seems like an odd set up to me.

I didn't have a concrete reason for wanting to add him. I just figured if he had his own blue membership card, well, he would have one.

It's a nice blue card but I am not sure it is $400 - $500 nice.

 

[Dean]

It still seems like an odd set up to me.



It's a nice blue card but I am not sure it is $400 - $500 nice.

I'm guessing you don't have other timeshare experiences else you'd see it as normal to easy. It's the consequences of doing this as a deed. Technically the only transfer they legally have to honor is that upon death. Given that some try to slide by committing fraud to transfer to distant family and friends to keep the qualified benefits or to get a cheaper price through ROFR dishonestly, they do actually have to think about this. Previously they had a transfer fee of $100, some other timeshares have recently increased their transfer fees. If they had a transfer fee, it'd apply to each and every change being discussed. I'm surprised they've gone without one at all. Bluegreen just increased from $250 to $450 per contract and the Marriott Trust points are upward of $2200 and up depending on contract size. I'm actually working on several BG transfers right now and we've been there about 5 months so far. Fortunately I got in before the transfer fee increased.