Contracts question

[flechette]

First off - not sure this is the right forum - MOD please move thread as needed.


Someone mentioned on another thread there are differences between 2 Master contracts and a Master contract + an add on.

What are the differences?

Would 2 master contracts occur if you had contracts at 2 different resorts and different UY?

Any good things about 2 masters vs add-on?

Any other thoughts or comments on them?



Thank you!

 

[Dean]

Any variation of use year OR names on the title will create a new and unrelated master contract. As a rule, anything else will be lumped together though you can insist on a second master even if the same resort and use year if you want and it's at least 150 points, just no reason to do so. The main advantages of having them in one contract is that the banking percentages are based on the total and any usage from the 2 contracts together is seamless. There is a little less accounting. But there are advantages of having the separate if different use years in that you can chose the contract that's best for a specific trip. It's really not much more accounting either. And DVC will allow you to transfer banked and borrowed points on a case by case basis when appropriate.

 

[flechette]

Thanks Dean!

That seems pretty clear cut. It's a good possibilty that 2 master contracts would make more sense for us because our current vacation plans would be (hopefully) Studio for 5 days at HHI in May and a 5 day 1 bd in WDW either Dec or Jan.

So for banking/using points in case of a cancelled trip 2 masters may be a bit more beneficial if you're planning to visit 2 DVC resort roughly six months apart on a regular basis- correct?