DVC T &C Personal Use - Only Thread to Discuss.

[Sandisw]

Also, if anyone gets an reports from MS, when calling, about when owners might get new policy info or updated rules…please share!

Just to see how consistent the answers are!!

 

[Sandisw]

I have so few points that renting isn’t even on my radar, but if I were, and I was doing everything I knew I was supposed to be doing, then I would carry on until I was specifically told to stop. If I was playing some shell game with those points, I would be looking over my shoulder right now. I think most people know which category they fall into, they just want some reassurance from the people making the decisions.

To add, there are a lot of owners renting within the 2008 policy rules because that was the policy when they bought and they have never been informed by DVC it has been changed.

It will be interesting to see if we get any reports that enforcement looks different!!!

 

[matt_in_nh]

Here is a question.
How does a commercial renter with large contracts even sell them? Or am I incorrect for assuming commercial renters have contracts any larger than the consumer oriented DVC owner? Our contracts are 200 points or less. I doubt I'd want them any bigger than 250 tops. Just makes it harder to divey up between the kids if it ever came down to that.

IF commercial renters have larger contracts, 300+ points per contract, aren't they harder to sell resale? I've seen a few resale contracts worth 500 points but not many. Would the commercial renter be hoping for ROFR?

Well looking at the contracts coming for sale, it is obvious they own lots of small contracts probably up to the 8K max points. With LLC's they could hide things to a degree. Basically they own the same types of contracts everyday people have, just lots of them.

contracts for sale have gone from mid 1200's to high 1400's since "the announcement"

 

[HyperspaceMountainPilot]

Also, if anyone gets an reports from MS, when calling, about when owners might get new policy info or updated rules…please share!

Just to see how consistent the answers are!!

I wish I had a legit reason to change names so I could inquire, but I also am on the more cautious side of interpreting the policy so I’m not going to make a fake spec rental name change request just so I can chat with member services about it.

 

[matt_in_nh]

I wish I had a legit reason to change names so I could inquire, but I also am on the more cautious side of interpreting the policy so I’m not going to make a fake spec rental name change request just so I can chat with member services about it.

Just read a Facebook post where the CM questioned hard when someone called to add a rando for a one night rental. It is friends and family it it is against terms and conditions. Of course everyone can be everyone else’s friend so it might just be “play the game”. But it sounds like they want to curb confirmed reservation rentals.

 

[Mouseforward]

Again, everyone forgets- the POS mentioned leasing as an allowed activity. And the contract only forbids commercial activity.

It simply doesn’t matter what new policies they want to put in place. It would require a vote, and the people who vote against in Florida would be grandfathered into the old terms. Condo law is very clear on that in Florida.

 

[lowlight]

Again, everyone forgets- the POS mentioned leasing as an allowed activity. And the contract only forbids commercial activity.

It simply doesn’t matter what new policies they want to put in place. It would require a vote, and the people who vote against in Florida would be grandfathered into the old terms. Condo law is very clear on that in Florida.

Just because you keep saying it, doesn't make it true.