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I believe the 40 year requirement is a state law requirement. So, yes, any expansion of BLT would need to be a new association.

I've thought about this in the context of RIV and thoughts that an expansion there (e.g., tearing down Aruba and building a new tower) would need to be completed by 2030 in order to join the RIV association. Seems unlikely.
I wonder when the 40 year deadline really is. Like does it just have to be under construction by the 40 year time point? I assume it's must be for sale by the 40 year cutoff. For example, Polynesian's 40 year deadline is next year but they're obviously going to still be selling Poly then but with that then they could technically get a RIV expansion for sale by 2029 and then sell that for the next however many years 🤔
 

I used to think all "on sale" resorts got a discount of dues so they can sell it but Aulani is still on sale soooo.... Is aulani fully declared since its not sold out? Doesn't dvc pay some of the mf for resorts that aren't fully declared? I know its been on sale forever I just dont know how that really works

Looking at the last 3 DVC resorts to go on sale at WDW that were not added to an existing association (CCV, RIV and CFW) they started out the gate higher than average, then way below average increases. CFW doesn’t have much of a track record yet but look at the first 5 years at CCV and RIV:


YearCCVRIVCFW
17.33 (2017)8.31 (2019)12.16
27.268.3111.88
37.428.38
47.458.38
57.598.50
67.608.85

Barely any cumulative increase between Year 1 and Year 5.

Comparing CCV to it’s sister BRV with matching years:

YearCCVBRV
20177.336.54
20187.266.93
20197.427.32
20207.457.78
20217.598.11
20227.608.15

BRV dues had gone up a total of 25% in this timespan; CCV under 4%!

————-

The 2 resorts with subsidized happened for different reasons. Both ended up only being a small portion of existing contracts at those resorts overall. I’m not certain but under 20%, maybe under 10%?

For Vero Beach subsidized, the dues were based on the eventuality of a Phase 2 and how shared expense would reduce costs. That was cancelled early on and caused the dues to jump from $2.76 in 1998 to $3.99 in 1999… a huge percentage jump for the ‘new’ buyers but at least they knew what they were getting into (unlike the grandfathered/subsidized owners). Awareness of the jump was known well before 1999 came around though, so the cutoff date for subsidized dues happened years before.

AUL was likely shenanigans with an under-estimate. 3 execs were fired and sales halted.
 
I wonder when the 40 year deadline really is. Like does it just have to be under construction by the 40 year time point? I assume it's must be for sale by the 40 year cutoff. For example, Polynesian's 40 year deadline is next year but they're obviously going to still be selling Poly then but with that then they could technically get a RIV expansion for sale by 2029 and then sell that for the next however many years 🤔

It’s when they have decided to make it part of that association.

So, they indicated that all of PVB tower would become part of PVB..,when those units get declared doesn’t matter at this point.

IIRC, it has to be at least 40 years of use from when the project is made into a timeshare.
 
We have booked it twice and both times ended up cancelling. It's just not in a convenient location imo and not worth the walk over. I did send my husband to walk over to tell them the other 6 of us would not be walking over, he took photos.
I did this exact thing and came to the same conclusion.
 
Looking at the last 3 DVC resorts to go on sale at WDW that were not added to an existing association (CCV, RIV and CFW) they started out the gate higher than average, then way below average increases. CFW doesn’t have much of a track record yet but look at the first 5 years at CCV and RIV:


YearCCVRIVCFW
17.33 (2017)8.31 (2019)12.16
27.268.3111.88
37.428.38
47.458.38
57.598.50
67.608.85

Barely any cumulative increase between Year 1 and Year 5.

Comparing CCV to it’s sister BRV with matching years:

YearCCVBRV
20177.336.54
20187.266.93
20197.427.32
20207.457.78
20217.598.11
20227.608.15

BRV dues had gone up a total of 25% in this timespan; CCV under 4%!

————-

The 2 resorts with subsidized happened for different reasons. Both ended up only being a small portion of existing contracts at those resorts overall. I’m not certain but under 20%, maybe under 10%?

For Vero Beach subsidized, the dues were based on the eventuality of a Phase 2 and how shared expense would reduce costs. That was cancelled early on and caused the dues to jump from $2.76 in 1998 to $3.99 in 1999… a huge percentage jump for the ‘new’ buyers but at least they knew what they were getting into (unlike the grandfathered/subsidized owners). Awareness of the jump was known well before 1999 came around though, so the cutoff date for subsidized dues happened years before.

AUL was likely shenanigans with an under-estimate. 3 execs were fired and sales halted.
Thank you, I had no idea, the resorts on sale showed a decrease in dues so I just was like hmmm these are the only ones going down, suspicious 🤣 I can now see why they overestimate. Id rather know around what im paying than any surprises of it being way underestimated
 
What is a resort access fee?
Unique to Aulani.
Resort Access Fee: “Resort Access Fee – Fee paid to Ko Olina Club, LLC for providing to Members certain rights of access to and benefits associated with certain Ko Olina Resort entertainment facilities and services.”

I know we get access to the club lounge at the airport…. discounted rounds of golf…
Basically access to all of this and being part of the association. https://koolina.com/ Im not mad about it as an owner.
 
It’s temperature controlled, never crowded, had comfortable enough seating, charging ports, and free water and light snacks… no views…. but a nice place to sit if the weather is hot or rainy/humid given that the terminal is open air.
How long ago? I wasnt aware of water and snacks were there any longer. I still may not make the trek for that but nice to know that is still an option.
 
Looking at the last 3 DVC resorts to go on sale at WDW that were not added to an existing association (CCV, RIV and CFW) they started out the gate higher than average, then way below average increases. CFW doesn’t have much of a track record yet but look at the first 5 years at CCV and RIV:


YearCCVRIVCFW
17.33 (2017)8.31 (2019)12.16
27.268.3111.88
37.428.38
47.458.38
57.598.50
67.608.85

Barely any cumulative increase between Year 1 and Year 5.

Comparing CCV to it’s sister BRV with matching years:

YearCCVBRV
20177.336.54
20187.266.93
20197.427.32
20207.457.78
20217.598.11
20227.608.15

BRV dues had gone up a total of 25% in this timespan; CCV under 4%!

————-

The 2 resorts with subsidized happened for different reasons. Both ended up only being a small portion of existing contracts at those resorts overall. I’m not certain but under 20%, maybe under 10%?

For Vero Beach subsidized, the dues were based on the eventuality of a Phase 2 and how shared expense would reduce costs. That was cancelled early on and caused the dues to jump from $2.76 in 1998 to $3.99 in 1999… a huge percentage jump for the ‘new’ buyers but at least they knew what they were getting into (unlike the grandfathered/subsidized owners). Awareness of the jump was known well before 1999 came around though, so the cutoff date for subsidized dues happened years before.

AUL was likely shenanigans with an under-estimate. 3 execs were fired and sales halted.
The per point dues difference on CCV and BRV is interesting in that context. Some of that is from the total point difference I imagine, 3.2m CCV vs 1.9m BRV, but wonder what the other big differentiator is there?
 










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