I rented my points and now I'm FREAKING out

[twotoohappy]

I think the email was a general communication and went out to DVC''s entire email membership list.

Best wishes -

I didn't get one and I have 2 memberships
I'd be interested in reading it.

good luck to the op, hope all goes well

 

[littleprissboutique]

Started new thread//

 

[LisaS]

I didn't get one and I have 2 memberships
I'd be interested in reading it.

I hope it's OK to post it here. This is from the August 2006 Vacation Magic E-mail Update that is posted on the members' website.

Policies protect personal use and enjoyment
In a continuing effort to maximize Members' personal enjoyment of their Membership, Disney Vacation Club would like to remind Members about several related policies outlined in the Public Offering Statement and other Member documents.

As a reminder, published policies limit the use of accommodations and recreational facilities solely to the personal use and enjoyment of Owners, their lessees, Guests, exchangers and invitees and for recreational uses by corporations and other entities owning Ownership Interests in a Unit.

To maximize the availability of reservations for these permitted purposes, Disney Vacation Club closely monitors reservations and may cancel reserved accommodations if a pattern of rental activity for profit is discovered.

Additionally, current policies limit Vacation Point-transfer transactions to one transfer per Member or Membership, either as transferee or transferor, during a given Use Year.

"We want to ensure that Members have the greatest opportunity to enjoy the magic of Membership," said Leigh Anne Nieman, Director of Business Standards and Regulatory Affairs for Disney Vacation Club. "With that in mind, we're committed to maximizing the availability of Ownership Interests and accommodations for Members' personal enjoyment, and we're committed to enforcing the policies that help us deliver on that commitment."

It has always been the policy of Disney Vacation Club that Membership is designed specifically to provide long-term personal enjoyment, and Members shouldn't purchase their Membership as an appreciable short-term investment.

 

[calypso*a*go-go]

I think many of us are in agreement that owners that have one or two contracts (maybe more) but have less than 1,000 pts. and use the membership for their own enjoyment on a regular basis but do rent out occasionally are not going to be affected by any crackdowns in the near future. It will be the people that truly do earn thousands of dollars each year by renting out several thousands of their own points as well as buying others on the cheap and re-renting them for a higher profit. We stumbled upon several examples of this without much difficulty, so I'm sure there are many, many, more.

To the OP: Don't worry...you have a legitimate reason why you didn't use the points yourself. I rented mine out last year because we had a large family gathering planned and wanted to stay in the same resort but I didn't have enough points. I used the proceeds from the rental to book everyone rooms at POP because that's where our group wanted to stay. I don't think that makes me a criminal, and I don't think you're one either. So go enjoy that cruise!!!

 

[Y-ASK]

You're fine! Relax and enjoy the cruise. 14 reservations is nothing compared to some of the commercial renters that have been uncovered.

Y-ASK