Renting and Transferring Points

[pistonfan32]

What are the rules for renting and transferring points?

 

[franco]

Not sure what the "official rules" for renting are, but my family has both rented points and have rented out points without difficulty. Transferring is one transfer per year. The rule on transferring is being strictly enforced.

 

[Happy Birthday Cat]

Just want to add that the one trasnfer per year is either into or out of your account, but no matter what, only one. The other point is that the one transfer per year is based on use year and not calendar year.

HBC

 

[pistonfan32]

Can I rent or transfer banked points?

 

[poohbear7]

You can't transfer banked points. You can rent banked points.

 

[Deb & Bill]

Transferred points retain their resort and use year.

 

[pistonfan32]

Let me just get specific. I have 58 points I banked from 3/31/07 (my use year is April). Can I rent these to someone to use before 3/31/08?

 

[Deb & Bill]

Let me just get specific. I have 58 points I banked from 3/31/07 (my use year is April). Can I rent these to someone to use before 3/31/08?

You can rent out a reservation. You cannot transfer them because they were banked.

 

[pistonfan32]

So let's say I want to rent out points and I have a taker. Do I make the reservation for them using my points but their name, and then the purchaser pays me?

 

[franco]

So let's say I want to rent out points and I have a taker. Do I make the reservation for them using my points but their name, and then the purchaser pays me?

That's correct!

 

[Caskbill]

There is a rule that you cannot transfer points for compensation. So if you transfer someone your points, and they pay you for them, you are breaking DVC's rule.

That said, remember it's done all the time and DVC doesn't enforce it. They probably couldn't anyway. Most believe the rule is there so DVC is not liable for any problems that may arise. Suppose you transfer points to someone else, and then they won't pay you. You couldn't go to DVC and try to get the points back for non-payment, since according to their rules, you wern't suppose to be paid in the first place.