Hi all, this isn't related directly to DLT, but is more general about possible resale restrictions (and might be applicable, who knows). In short, has Disney started using new, looser language about resale restrictions in their ROFR waivers?
We're about to close on our first resale contract at BRV and just received the closing documents from the title company that includes a copy of the DVD ROFR waiver. I'm a little concerned by some language in the DVD ROFR waiver (the part I bolded below for emphasis):
"As of March 21, 2011, you will not be able to use the vacation points associated with this Ownership interest to make reservations for the Concierge or Disney Collection options such as
Disney Cruise Line, Adventures by Disney, or select Disney resorts. Further, as of April 4, 2016, you will not have access to other Disney Vacation Club incidental benefits (also known as Membership Extras) such as certain discounts, offers, and special events. Do not purchase your Ownership Interest in reliance on access to or the ability to transfer these Disney Vacation Club incidental benefits.
Depending on the home resort where a resale purchaser owns their ownership interest, some or all of the other Disney Vacation Club Resorts are not available for reservations for Disney Vacation Club Members who do not acquire their ownership interests directly from Disney Vacation Development, Inc."
The waiver ends with "Rev. 10/2020."
This language is different from the ROFR language in our sale agreement, which was much more specific about our ability to use points at the "original 14" resorts ("Effective January 19, 2019..." etc). It's also different from pre-10/2020 ROFR language that others have posted on these boards.
I'm a bit concerned that Disney is slipping in loose language here that would give them the flexibility to classify any
DVC resort as ineligible for bookings by resale buyers in the future. Am I crazy? Am I just really bad at understanding legalese?
