If DVC exorcises ROFR who pays dues?

[TiggerFreak]

How are annual dues handled when DVC exorcises ROFR?
Are they bound to honor the sales contract as written?

 

[cc_nike]

How are annual dues handled when DVC exorcises ROFR?
Are they bound to honor the sales contract as written?

Yes they assume the same terms as the buyer

 

[Dean]

Yes they assume the same terms as the buyer

I'm not sure what they've done lately but in the past, they've tried to add additional terms such as not discussing the selling price.

 

[Jason@dvcstore]

How are annual dues handled when DVC exorcises ROFR?
Are they bound to honor the sales contract as written?

When Disney acts on ROFR (meaning they buy the property back) they buy it under the exact same terms as the buyer had agreed to with the seller.

I hope that helps.

Jason Erpelding
Lic. Real Estate Broker Associate
From The Timeshare Store, Inc.®

 

[TiggerFreak]