If the Contract expires on Jan 31 2042 one will receive the 2041 points which will need to be used by or on January 31 2042. Use years were sold on the month you will vacation meaning most will vacation in the month of the use year so there should be no leftover points. In other words most use the points in the month received.
The dates are in the contracts and simply put this is the end date. If Disney will extend any grace period is TBD but by no means do they have to so plan accordingly. What Disney will do with resort is the better question. I would think they will continue
DVC if there is still interest and could easily sell points for Beach Club as new prior to the end date with a Different end date for any contracts they ROFR.
Lets all face the facts Disney is NOT going to do anything without $$$ involved no need to take an extension route they will just sell the contracts with a later date as they did with OKW - don't forget DVC was and is selling the ROFR OKW contracts with the later date. This is well overlooked and only the option to extend is remembered as it was a mess but selling with a later date was not.... This is in fact the only thing I can see DVC doing if they intend to keep BC and the other 2042s as a DVC resort without crashing the entire resale market and maybe hurting their direct price as well. there are a few things in play here and this will determine the future expirations:
Buyers will have less resort choice if DVC just lets resorts close, choice is a huge consideration for any timeshare. We see this with Riv and how it affected both direct and resale. I will add however this all every contract promises but never enforced like with Riv. Yes there is other resort resale buyer to see how pulling a resort our of DVC will affect resale prices maybe? Is this a strong selling point for DVC direct? although I do not think this is related to expiration more of a future way to extract $ from DVC buyers.
Simple math there is a point paying 100 or whatever the price for 2042 contact coming soon adding the dues the buyer receives no benefit over paying cash meaning neither DVC nor a current contract holder can sell the points. Another downside in many ways from future buyers saying X years from expiration I am stuck.... To why pay my dues when I no longer want to go in the last years DVC will just take the points back. Will DVC maintain the resort if this happens being there is a loss - yes there are fall backs for Disney to sell cash but no one knows what the details are or if there is a limit.
I could go on with a long list but in the end it would all be bad if DVC does not start selling at least some of the resorts with a new expiration date. In the end the only ones hurt are those who currently hold the contracts which will is easily over looked by a buyer and hey they offered the current holders 20 off a point which the new buyer would love to have and see as a good thing... That is 3K off a 150 point contract...... and DVC goes on as it is now.
Don't in any way Discount what DVC has learned and did with Riv as this has NOT been done with any others that have opened after...
Disneyland Hotel, The Cabins, Poly tower... Lakeshore lodge is the only unknown right now.
