New $500 Resale DVC Transfer Fee

[Sandisw]

It’s not a transfer fee, they specifically call it a Contract Administration Fee. In no world would their lawyers have not made sure this thing wasn’t bullet proof before implementing it.

That’s a good point and now it makes me wonder if the $150 estoppel fee they charge will be inclusive of this and not in addition to it?

I agree that there is no way that to didn’t get vetted as to something that it allowed.

 

[drusba]

It’s not a transfer fee, they specifically call it a Contract Administration Fee. In no world would their lawyers have not made sure this thing wasn’t bullet proof before implementing it.

The statute provides that "No charge shall be made by the association or any body thereof in connection with the sale" of the condominium interest. And that means what it says. If the charge is identified as one being made "in connection with the sale," which DVCM's charge is, it is prohibited regardless of what clever rename DVCM or its lawyer tries to give it.

 

[gvel]

The statute provides that "No charge shall be made by the association or any body thereof in connection with the sale" of the condominium interest. And that means what it says. If the charge is identified as one being made "in connection with the sale," which DVCM's charge is, it is prohibited regardless of what clever rename DVCM or its lawyer tries to give it.

I hope you're right but somehow doubt Disney lawyers would mess this one up so badly. If this is the case someone in legal is surely getting fired.