In the "Help Fast" topic initiated by SusanSeng, there is discussion regarding possible refusal by Disney to allow sale of a resale contract if the contract is less than 150 points AND the new owner is not already a member of DVC.
While Disney could exercise its Right of First Refusal clause and buy the contract at the same terms, is there any other reason they could prevent a resale? I don't see any as I looked through my documents, but I did not reread all the hundreds of pages in detail. Members may not further subdivide a contract (e.g. break up a 150 point contract into three 50 point contracts). However, if they have a valid <150 point contract they obtained from Disney, I don't see any other means other than a Disney direct exercise of their purchase rights under the Right of First Refusal clause.
I have 150 points at BWV and an additional 100 points with separate deed at an offsite DVC property. If I were to offer to sell them at >$56 / point and got a buyer, I wonder if Disney would really want to exercise to exercise their option and add even more points to their surplus inventory.
Your thoughts or opinions?
Cap
While Disney could exercise its Right of First Refusal clause and buy the contract at the same terms, is there any other reason they could prevent a resale? I don't see any as I looked through my documents, but I did not reread all the hundreds of pages in detail. Members may not further subdivide a contract (e.g. break up a 150 point contract into three 50 point contracts). However, if they have a valid <150 point contract they obtained from Disney, I don't see any other means other than a Disney direct exercise of their purchase rights under the Right of First Refusal clause.
I have 150 points at BWV and an additional 100 points with separate deed at an offsite DVC property. If I were to offer to sell them at >$56 / point and got a buyer, I wonder if Disney would really want to exercise to exercise their option and add even more points to their surplus inventory.
Your thoughts or opinions?
Cap