You need to distinguish between two different terms in the POS: "Unit" and "Vacation Home." A Vacation Home is the room you stay in -- a studio, 1BR, 2BR, Treehouse, or Grand Villa. A Unit is what you actually have an ownership interest in and it usually consists of more than one Vacation Home and the number of vacation homes in a Unit varies, e.g., at SSR it can be two 2BRs, four 2BRs, a Grand Villa, a Grand Villa and a 2BR, one or more Treehouses, etc. (at OKW each building is a Unit). Thus, when your deed says, for example, that you own a .12% interest in a Unit and that is represented by 50 vacation points, someone else could own a .12% interest in another Unit at the same resort and have it be represented by 75 vacation points simply because there are more Vacation Homes in his Unit.
With a single deed, you can determine the total points in the applicable "Unit" by dividing the stated number of points by the stated percentage of ownership, e.g., 50 divided by .0012 tells you there are 41,667 points in the Unit, but that tells you little until you know the number and type of Vacation Homes in the particular Unit.
There is a way to find your actual Unit in a WDW resort and the number and type of Vacation Homes in it, but it takes a lot of work. DVD files the Declarations and any amendments thereto with the Orange County Comptroller. The original Declarations filed may, in Exhibit A, contain drawings of some of the Units, showing the Unit number and the actual Vacation Homes in it, and all or almost all of the amendments filed thereafter are simply filings that add more Units to those that can be sold. To find the Declarations that were filed and the amendments showing additional Units, which documents you then have to review one by one to find your Unit, you do the following:
1. Go to
http://or.occompt.com/recorder/web/? and click "I Accept."
2. On the search page, first uncheck the box that says "Uncheck box to search specific document types." That will bring a list of document types and click on “Condo Related.”
3. Then put in a beginning date and an end date in the boxes provided. The beginning date should be a date before the original Declarations were filed. If you do not know that date, guess based on what you do know about the opening of the resort, e.g., the original Declarations are typically filed a month or two before a resort first went on sale. Make the end date one that would be after the resort sold out (or even just a very recent date).
4. In the “Grantor” box put “Disney Vacation Development” and then change the Box that says “Exact Match” to “Wildcard Search.”
5. In the “Grantee” box put in something that refers to your resort with the word “Disney’s” in front of it such as “ Disney’s Saratoga Springs” or “Disney’s Polynesian,” and also change to “Wildcard Search.”
Then click search and what you should get is a page (and possibly multiple pages) showing the related filings, among which will be the original Declarations and amendments thereto for the resort that provide the identity and make-up of the Units. For each document shown you will need to click “View Image” for the documents to come up that you can search through to find your Unit number. Note it sometimes take a while for any document to come up for viewing on your screen.
