No need to wait until your UY to go

[melkimmom]

If you are buying a SSR contract from Disney, you do not need to wait after your UY to go to Disney. You can call MS and ask for an advance. Go to your Purchase Agreement and look for the Estimated Date Unit Is Available for Occupancy. You can make a reservation for any date after that date. I hope this helps a few that would like to go before their UY comes. A lot of people don't know about this. I asked before and everyone told me that this could not be done. But if you go to your Purchase Agreement, look under Reservations Prior to Conveyance of Ownership Interes. I refered to this when I called Quality Assurance and they explained this to me. My UY is not until September and I am going in May 05 using my points (advanced). Again, only trying to help the new ones who think that they can't go until their UY. Not that you have to go before but I think is nice to know.

 

[tjkraz]

My UY is not until September and I am going in May 05 using my points (advanced). Again, only trying to help the new ones who think that they can't go until their UY. Not that you have to go before but I think is nice to know.

This "advance" isn't any sort of special arrangement for SSR owners--it's simply borrowing points in advance of the Use Year. Points are still subject to the standard borrowing guidelines. With a September UY, you are moving the points from your '05 UY to a '04 UY. As such the points cannot be banked, un-borrowed or transferred to another member. They must be used by August 31, 2005 or they are forfeit.

The Member Guidebook also states that "Only members who have closed on their contracts are eligible to bank and/or borrow."

So, DVC really does have every right to decline the type of transaction you describe until the point that the closing has actually occurred (which is a week or two prior to the building's occupancy date.)

 

[melkimmom]

I never said that this was a special arrangement for SSR owners. I just wanted to make clear that if you buy SSR you do not need to wait until your UY. Guidelines or not, it's good to know that you have this option.

You will be surprise how many people think you need to wait until your UY to go to Disney.

Just trying to help, that's all

 

[tjkraz]

Just trying to help, that's all

Understood.

I just wanted people to know that there are limitations to borrowing points in this manner, and that DVC could easily prohibit the borrowing if they so desire. Even with all of the written guidelines DVC has published, individual CMs have been known to put their own spin on the rules. A new owner wishing to borrow points for an '05 trip prior to their Use Year could well be told "sorry you can't borrow those points until after closing" by a CM.

 

[melkimmom]

I get your point, but.....

That is why I asked them to read their contract. To understand this option completely, before they decide what they want to do. ..... and no CM helped me with this one. As mentioned before I had to quote from the contract to be able to get my reservation.

 

[billyb1]

I called MS the other day about a May stay. My new UY is June 05.

She told me that I could not borrow becasue there was no year to borrow into. Since I do not have a contract for the 04 UY, and I had to wait until June 1 for a reservation.

This was contary to what my guide told me at purchase time, he stated that as long as the deed is filed, I could stay. (and my closing is supposed to be early May 05).

I guess MS was misinformed, and I can go in May!

 

[athenna]

Now, I'm slightly confused. I bought into DVC (SSR) the first week of Dec. after the paperwork went through and all of that, I made ressies for six days starting 4/5 and a week starting 11/05. My use year is Oct. I was under the impression (and MS didn't state differently) that these are my 2005 points. Are you saying this isn't the case? Or am I just misinterpreting you?

 

[sprite]

Our guide told us we had to wait until the building we bought into was ready to be open. I don't remember exactly, but I think it was in phase 2? So we could make reservations but could not use any points until after March this year because the building wasn't open. Does this have any effect on current purchases at SSR? We bought in August last year and it's all a little hazy now.........

 

[melkimmom]

This is not the same as borrowing points as someone has indicated. The contract states that Reservations are subject to the terms, conditions, policies and guidelines provided in the Home Resort Rules and Regulations and the Disney Vacation Club Member Benefits Guidebook. In the event that PURCHASER cancels the Reservation, the DVD Points will be returned to the PURCHASER and be available during the initial Use Year (not 2004 year), subject to the Home Resort Rules and Regulations and the Disney Vacation Club.

As you can see many "experts" (MS) don't have the right information and your Guide could be in the same situation. My Guide which has been working with DVC for 12 years told me the same thing. "You can't borrow points until your unit is available to be use". When I asked about what the contract says they explained to me that I could advance the points all the way up to after the date on the Estimated Date Unit is Available for Occupancy. Look at you Purchase Agreement Contract

Hope this helps.

 

[tjkraz]

As you can see many "experts" don't have the right information...

Is this really necessary? I'm not really certain how it is that your posts are "just trying to help" while I'm labeled a self-proclaimed "expert" for simply adding to the discussion. We are ALL here to share information.

This is not the same as renting poins as someone has indicated.

Actually, point "renting" was never a part of the discussion.

My Guide which has been working with DVC for 12 years told me the same thing. "You can borrow points until your unit is available to be use".

I'm going to assume that you mean "you can borrow points AFTER your unit is available for use" becuase you most definitely cannot book a stay BEFORE the unit is ready for occupancy.

Also, it's confusing that you have quoted your Guide as saying that "you can borrow points...", yet you're also claiming that the points are not Borrowed.

In the end I do agree with you on one point...people should read their agreements and speak to Member Services to find out their rights.

To the others posting in this thread, based upon historical precedent, this is what I know to be true:

1. You can begin to use your DVC points anytime after the "Estimated Occupancy Date" in your agreement. That is the date on which the unit of which you are part owner will open. Regardless of your Use Year, you can begin to use your points as soon as your unit is available.

2. Anytime you use points prior to the start of their Use Year, the points are normally considered "Borrowed." Example: Your building is ready for occupancy in March '05 but you have a June Use Year. In this situation, you should be able to use the points for a May '05 stay, but the points will come from your June '05 allotment. Since the points are borrowed before the start of the UY, they are effectively moved into another UY and will expire at the end of said year.

Whether the points are technically "Borrowed" or not, I do want to stress that this is ONLY an issue in the event of a cancellation. If the points are used as scheduled--no problems. They are gone.

If DVC has made some exception for Phase 2 SSR owners and is somehow bypassing the normal borrowing guidelines, I have no problem with that. For clarity sake, it would probably be simplest to quote the language from the agreement. Even though the dates (UY, occupancy) are a bit different for each owner, I'm sure the contract language is identical.

Speaking to a Guide or Member Services is all well and good, but just make sure they don't tell you anything that directly contradicts what is written in the agreements.

 

[athenna]

tjkraz-
Thank you, this is what I wanted to know. Turns out I had no reason to be confused, I did understand correctly in the first place. Thanks for spelling it all out for us, I appreciate it.

 

[HookdonWDW]

I think I know what the OP is talking about. We ran into a similar situation when we bought our BCV points, and the resort was still under construction.

The problem basically goes like this: We wanted to make reservations right after we bought our points. Usually not a problem when you buy straight from DVD. However, since our resort hadn't been completed yet, and therefore had not been officially declared into inventory, we didn't really own anything. It sounds kind of silly, because we know that we "kind of" owned something, but since there was no actual room, you couldn't trade into or out of it.

We talked to our guide about our dilemma, and he worked something out for us. What basically happens is that DVD "loans" you some points, so that you can make the reservation that you want. Then, once your unit(s) are declared into inventory, they go into your account to "pay back" the borrowed points.

This isn't "borrowing" in the way we are accustomed to seeing it mentioned on the boards, but it is a type of borrowing that is allowed. With that said, since DVD is basically allowing us the free use of their points, it is completely at their discretion, and they can choose not to allow it for any reason they choose.

Hope this helps some of you.

PS - OP: I really don't think there was any need to get nasty. tjkraz was just sharing an opinion. The choice is yours whether to accept it or not.

 

[greenban]

Is this really necessary? I'm not really certain how it is that your posts are "just trying to help" while I'm labeled a self-proclaimed "expert" for simply adding to the discussion. We are ALL here to share information.
...
(snip by greenban)

For what it is worth tjkraz, and I do mean this quite sincerely, I consider you an expert! As do many others here! And certainly not self-proclaimed at that!

-Tony

 

[HookdonWDW]

For what it is worth tjkraz, and I do mean this quite sincerely, I consider you an expert! As do many others here! And certainly not self-proclaimed at that!

-Tony

Certainly a ringing endorsement from a man who uses moldy deodorant!





PS- I agree, and I'm sure Tony's deodorant is lacking in mold and emits a pleasing odor to the senses. This post relates to a prior thread that only those of us who were "experts" at divining the meaning of screen names could participate in.

 

[chimera]

We're having to sit on our hands not to try to use our points now! I have a feeling that we'll be buying an add-on in the next few years as we want to go more or stay in bigger rooms. I just don't want to start out "in the hole" already by borrowing points from our August UY.

We're still playing the waiting for da codes game so we can go in May!

 

[HookdonWDW]

We're having to sit on our hands not to try to use our points now! I have a feeling that we'll be buying an add-on in the next few years as we want to go more or stay in bigger rooms. I just don't want to start out "in the hole" already by borrowing points from our August UY.

That is so us! Just wait until you get hit by the add on bug. You'll know that there is no cure for you when you find yourself purchasing an add on before the previous contract has even closed!

 

[sprite]

To the others posting in this thread, based upon historical precedent, this is what I know to be true:

1. You can begin to use your DVC points anytime after the "Estimated Occupancy Date" in your agreement. That is the date on which the unit of which you are part owner will open. Regardless of your Use Year, you can begin to use your points as soon as your unit is available.

Thanks for clearing this up for me tjkraz. I just figured out why I was so confused by this discussion. My use year (coincidentally) begins the same month that the building is ready for occupancy.

But now I understand that the two things have nothing to do with each other.

We had to wait until after March because the building wasn't ready, not because it was our use year.

I have already made all of our reservartions for this year. (Seems I already feel the urge to add on and we haven't even used our first point yet. )

 

[jennz]

Actually, you do not have to wait for your building to be complete in order to stay on points. We did exactly what Melkimmom did - we close on May 3rd - I believe that's the key date, your closing date, at least according to what we were told...our use year begins June 1st, which is also the same date the building is completed, but we have ressies in May. The points are termed "advance" but they're pretty much the same as borrowing.

I might have misinterpeted her post, but I thought the OP was just trying to pass along some helpful info and the "experts" she referred to were at WDW. Our guide wasn't aware of this, and I would consider her an expert. FWIW I'm glad she posted - it was her question on another thread where she posted that yes, contrary to the answers she received, she was able to get ressies, that prompted me to call MS and get ours.

Thanks for the info! We're going home early thanks to you!

 

[melkimmom]

"Expert" I was referring to MS.

Ii wrote renting instead of borrowing, "my fault' and I meant to say that my guide told me that I couldn't borrow points until my building would be available and for me she mentioned Semptemer. Sorry for the misunderstanding.


And again for the last time (I hope).......All I want it to say was that . You did not need to wait for your UY to go to Disney and for more information go to your CONTRACT.

I did not meant to start a war with anyone. I would think that this would be "ALL GOOD".

 

[LIFERBABE]

and thank you for posting your experience and bringing up a discussion that we all benefit from.

The one thing about these boards that is different from most, is that people here really care and are not just sending info out in cyberspace.

It's not that anyone wants to go back and forth on a subject for arguments sake, but to help those that are trying to get a better grasp of the information and to bring up other aspects. It can seem personal at times, but Tjkraz and the others would be remiss not to expand on the situation and let others know that your OP has some other outcomes. I know it can seem nit picky at times, but DVC is a like learning a second language and by changing one word you can change the meaning of the sentence.

For people who are still trying to learn (myself included) that extra clarification is helpful. Stick around long enough and you will find yourself not accepting anything less.

I purchased hundreds of points based on reading my contracts and discussions on this board so I really appreciate the extra diligence that goes into these posts. Thanks again for posting a very informative thread

"Expert" I was referring to MS.

Ii wrote renting instead of borrowing, "my fault' and I meant to say that my guide told me that I couldn't borrow points until my building would be available and for me she mentioned Semptemer. Sorry for the misunderstanding.


And again for the last time (I hope).......All I want it to say was that . You did not need to wait for your UY to go to Disney and for more information go to your CONTRACT.

I did not meant to start a war with anyone. I would think that this would be "ALL GOOD".