POLL: When purchasing did DVC guide disclose the fact that use could be restriced

[dumbo71]

Chuck gave me the motivation for this.

When you purchased your DVC through DVC did your guide or anyone else clearly tell you that use of the points could be restricted to your home Resort? They never mentioned it me so I'm curious about what others have went through.

p.s. I don't believe this will ever happen.

 

[RobDoc]

Why should this be an issue?

It is not the responsibility of the guide to "disclose" anything that is already covered in the POS. As a matter of fact, the contents of the POS are the only thing that is actually promised by DVD. Unless you specifically asked, I certainly don't feel this is an important selling point of the program. However, even if someone does find it important, it is covered in the printed document we all agreed to when signing our sales contracts.

The details of reservation limitiations are definitley included in every POS I have so even if your guide did not specifically explain the legal language, it was something that could be reviewed even after signing the documents and within the period when the sale may be rescinded by the buyer.

If you didn't know about the provisions included in the documents and still went ahead with the purchase, it would seem there is only one person to blame ... and it's NOT your guide.

 

["Got Disney"]

Why should this be an issue?

It is not up to the guide to "disclose" anything that is already covered in the POS. As a matter of fact, the contents of the POS are the only thing that is actually promised by DVD. Unless you specifically asked, I certainly don't feel this is an important selling point of the program. However, even someone does find it important, it is covered in the printed document we all agreed to when signing our sales contracts.

The details of reservation limitiations are definitley included in every POS I have so even if your guide did not specifically explain the legal language, it was something that could be reviewed even after signing the documents and within the period when the sale may be rescinded by the buyer.

If didn't know about the provisions included in the documents and still went ahead with the purchase, it would seem there is noly one person to blame ... and it's NOT your guide.

 

[Mickmse2002]

I think mine explained this as a possibility when I was quizzing her on the whole reservation thing and the difference between home resort and other resorts. Didn't think it was a big deal and don't worry about it now.

 

[CarolMN]

In Minnesota, when you are buying real estate, nothing matters except what is in writing. So we knew going in that we would need to read the POS and other documents. Expected the guide to answer my questions, but didn't expect him to volunteer everything in the POS - especially things that may help me change my mind, LOL. I don't think laws are much different in the other states.

With all due respect, I think it is incumbent on the buyer to do his/her own research before signing anything That includes carefully considering the documents provided. Had our initial purchase been more than we could afford to lose (worst case, but I thought about it), I would have paid a lawyer look everyting over in case we missed something important.

 

[dumbo71]

Why should this be an issue?

It is not up to the guide to "disclose" anything that is already covered in the POS. As a matter of fact, the contents of the POS are the only thing that is actually promised by DVD. Unless you specifically asked, I certainly don't feel this is an important selling point of the program. However, even someone does find it important, it is covered in the printed document we all agreed to when signing our sales contracts.

The details of reservation limitiations are definitley included in every POS I have so even if your guide did not specifically explain the legal language, it was something that could be reviewed even after signing the documents and within the period when the sale may be rescinded by the buyer.

If didn't know about the provisions included in the documents and still went ahead with the purchase, it would seem there is noly one person to blame ... and it's NOT your guide.

Doc, I didn't want to sway the results of the poll so I didn't give an opinion about it. I don't think it is the guides responsibility to disclose this. In fact I was quite shocked that Chuck stated that they do disclose this.

It wasn't disclosed to me nor did I feel it was necessary to do so. I can and did read the POS.

 

[DebbieB]

It's in the contract that your resort could be removed from the DVC system, therefore you would not be able to book elsewhere (unless it becomes part of an Interval trade).

 

[Wishing for GCV!]

I was aware of this from the POS, but my guide did not make it a point to me verbally. I also agree that they should not have to, because it is yours and only your responsibility to read the POS and make sure you agree with the terms before signing your contract. In other words, I voted No.

 

[Boardwalker]

Yes and they put it in writing too!

 

[BroganMc]

Honestly I can't remember. I have a vague idea that he did, but then I also remember the conversation about member perks on those AP discounts. At the time the AP discount was a selling point for us. My guide told us Disney could change its mind but he didn't see that happening any time soon. It would make a lot of owners unhappy.

He did show us the units and made a point of asking us if we were happy with the area and staying there. But he also explained the virtues of the club system and staying elsewhere.

I don't think he spent a great deal of time talking about the availability problems I'd run into with other resorts. Since he lives in Orlando and uses his ownership to stay in Vero Beach, I gathered he didn't have a great deal of firsthand experience with that.

I discovered the problems with booking VWL/BCV/BWV here on the DIS. And a bit first hand when I went to book VWL. Of course my problem wasn't lack of a room but lack of a HA room. SSR doesn't seem to give me the same problems.

 

[Mickmse2002]

I read the POS as well. But that wasn't what the poll asked. I do think it was helpful that my guide explained many things that many feel she didn't necessarily "have" to. I would have been more concerned had I asked her a question which was simply answered: "read the POS".

 

[Boardwalker]

Doc, I didn't want to sway the results of the poll so I didn't give an opinion about it.

Oh dumbo71, you really are very funny. You sure know how to keep things lively on this board, too.
I suppose putting "yes" as the first option balances that there are two ways to say "no'? You are Switzerland.
I kind of surmised your opinion, however subtle

 

[RobDoc]

Doc, I didn't want to sway the results of the poll so I didn't give an opinion about it. I don't think it is the guides responsibility to disclose this. In fact I was quite shocked that Chuck stated that they do disclose this.

It wasn't disclosed to me nor did I feel it was necessary to do so. I can and did read the POS.

Then why bother with a poll about something that truly does not matter - especially when you phrase the poll to suggest that you somehow feel it does matter?

Bottom line is that it is ENTIRELY the responsibility of the purchaser to read and understand the documents he is signing - whether the salesperson "explained" it or not.

Sway results? The poll itself and the words chosen for the poll do nothing BUT sway results.

This is sort of like a poll asking if you still beat your wife - with "Yes" or "No" as the only options.

 

[dianeschlicht]

Well, when we purchased, the only other place that was a possibility on site was BWV, and it didn't occur to us to ask that question since we didn't care for the rooms there.

Now...we DID read that in our POS and we did SIGN that we understood the things in the POS, so I see no reason for our guide to have addressed that unless we had a concern or question about it.

 

[FriendsOfEeyore]

I read the entire POS myself, but I voted for Yes.

As I remember it, my guide simply said, "DVC reserves the right to change and or restrict any member benefits in the future."

I think that summed it up... But at the time we lived in Minnesota and I was working for an Attorney's office that was responsible for Real Estate Closings. As Carol stated, the only thing that matters in relation to Real Estate transactions in Minnesota, is that which is written. No verbal communication can be construed or is submissable in relation to the settlement of dispute.

Sorry to get kinda legal, but I am like that.

 

[dumbo71]

Then why bother with a poll about something that truly does not matter - especially when you phrase the poll to suggest that you somehow feel it does matter?

Bottom line is that it is ENTIRELY the responsibility of the purchaser to read and understand the documents he is signing - whether the salesperson "explained" it or not.

Sway results? The poll itself and the words chosen for the poll do nothing BUT sway results.

This is sort of like a poll asking if you still beat your wife - with "Yes" or "No" as the only options.

That is pretty funny. Again I don't think it is their responsibility. I posted quickly after chuck stated that they disclose this stuff.

Most of the polls here are a waste of time. I simply wanted to see what others had experienced becuase my guide who I think is excellent never dislcosed that fact.

 

[Delaware Mike]

What's the point of this poll?

Caveat Emptor....

 

[jimmytammy]

When I spoke to my guide, I think she did mention this as being a possibility. But it is stated in the forms they sent us. I, like you, feel this will never be an issue.

 

[Duckfan-in-Chicago]

My guide did tell me. Both my parents and I have done a few contracts with her. If I didn't feel that she was being honest and open I would move on.

I don't think they have to tell you that, BUT if they're using the trading into other resorts as a selling tool, then I would expect it to be mentioned that it's a benefit that could end at any time. This is the same to me as saying you get $100 off AP's for being a DVC member, and not mentioning that it's a perk that could end tomorrow. Either don't bring it up at the sales presentation, or explain it fully. Anything less, and I wouldn't have a good feeling about it.

 

[disfountainofyouth]

I answered no to the poll but then again I bought where I wanted
to stay. BCV!!!