ROFR Riviera Should Carry Restrictions

[Dis_Ron]

I wonder if there are any lawyers out there with interest in DVC and time share experience that have thoughts on the Riviera ROFR. It seems really unfair if Disney can buy back Riviera contracts resale and not have to keep the resale restrictions. Might be a case there to force Disney to either accept the same resale restrictions or change the contracts to remove the resale restrictions for everybody.

 

[Sandisw]

The RIV contract is very clear that the resale restrictions do not apply to DVD in anyway.

So, it’s been built into the contract already to exempt them.

There are things in all the resort contracts that exempt DVD or DVC that owners can’t do.

 

[Tumnus]

Disney built the thing, they can absolutely have different rules than me, I'm 100% on board with that.

 

[Dis_Ron]

It just seems like market manipulation to me. They can drive down the resale price and then resale it higher because the restrictions don’t apply to them. It’s taking money from people who need to sell their contracts.

It is analogous to Apple only allowing the apps that come with the iPhone if you resell it, but if they resell it, it can have all the apps again.

 

[Dis_Ron]

The RIV contract is very clear that the resale restrictions do not apply to DVD in anyway.

So, it’s been built into the contract already to exempt them.

There are things in all the resort contracts that exempt DVD or DVC that owners can’t do.

Newbie here, what are some other examples of this (that add restrictions on resale)?

 

[Herding_Cats]

Newbie here, what are some other examples of this (that add restrictions on resale)?

DVC/DVD can ROFR any contract and sell those points and the buyer can get the direct-purchase benefits (with whatever the minimum number of points to get said benefits are)

They can buy back OKW 2042 and sell them as 2057 (OKW-extended)

 

[stat]

DVC/DVD can ROFR any contract and sell those points and the buyer can get the direct-purchase benefits (with whatever the minimum number of points to get said benefits are)

They can buy back OKW 2042 and sell them as 2057 (OKW-extended)

I've read they can also change the use year.