ROFR Thread Jan to March 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Chia1974]

You found that International Seller! Hopefully Disney doesn't get weird and take it.

Really!
I got the email from the broker the day my other one was taken:
ROFR got you down? Why not avoid it altogether with one of these great foreign owned contracts?! (Psst...we've never seen contracts owned by foreign nationals get ROFRd.)

I felt like it was meant to be with my UY.

 

[tommcp516]

The title company should be able to file a corrective deed. But, do you mean the annual point allotment is 210, or there are 210/250 points available currently? If the allotment total was incorrect that would change quite a bit of your contract, including any annual dues you reimbursed the seller. If it's just the currently available points that differ, the seller should reimburse you for the points they used, the amount per point is usually outlined in your contract. How frustrating!

The allotment total in the contract was for 260 points combined: one Unit for 210 and one Unit for 50.

The allotment total in the deed incorrectly lists one Unit for 250 points and correctly lists one Unit for 50 points.

 

[bewithmickey]

Really!
I got the email from the broker the day my other one was taken:
ROFR got you down? Why not avoid it altogether with one of these great foreign owned contracts?! (Psst...we've never seen contracts owned by foreign nationals get ROFRd.)

I felt like it was meant to be with my UY.

Do contracts with international sellers generally take longer to close?

 

[keirabella2012]

Do contracts with international sellers generally take longer to close?

I was told yes they do. International seller's may have difficulty getting documents notarized. This information came from the title company we are using.

 

[keirabella2012]

Really!
I got the email from the broker the day my other one was taken:
ROFR got you down? Why not avoid it altogether with one of these great foreign owned contracts?! (Psst...we've never seen contracts owned by foreign nationals get ROFRd.)

I felt like it was meant to be with my UY.

The one that was taken was foreign owned?

 

[HappyThoughtsTees]

The allotment total in the contract was for 260 points combined: one Unit for 210 and one Unit for 50.

The allotment total in the deed incorrectly lists one Unit for 250 points and correctly lists one Unit for 50 points.

When you say unit, do you mean 2 separate contracts that you closed at the same time? Or do you mean one contract, and one use year has 210 points and another use year has 50? If they are two separate contracts each will have their own deed. If you mean use years it’s possible that there were more points in that use year than the owners previously realized, in which case, congrats- bonus points!

 

[Emily921]

I have been stalking this site once again and got the urge to add on.

Emily921---$139-$22862-150-OKW(E)-Jun-0/20, 0/21, 300/22, 150/23- sent 2/10

 

[Chia1974]

The one that was taken was foreign owned?

No, two taken were domestic sellers.

 

[tommcp516]

When you say unit, do you mean 2 separate contracts that you closed at the same time? Or do you mean one contract, and one use year has 210 points and another use year has 50? If they are two separate contracts each will have their own deed. If you mean use years it’s possible that there were more points in that use year than the owners previously realized, in which case, congrats- bonus points!

It was one contract that included two units being sold: 210 points alloted to Unit 5A and 50 points alloted to Unit 1B. The use year was the same for both.

There was a single deed that listed both Units. The problem was that there was a typo that alloted 250 points to Unit 5A (instead of the correct figure of 210). The allotment of 50 points points to Unit 1B was correctly done. But the deed, as written and now recorded, contains an over-allotment of 300 points, instead of the correct total of 260 points that we had actually purchased.

 

[DonMacGregor]

It was one contract that included two units being sold: 210 points alloted to Unit 5A and 50 points alloted to Unit 1B. The use year was the same for both.

There was a single deed that listed both Units. The problem was that there was a typo that alloted 250 points to Unit 5A (instead of the correct figure of 210). The allotment of 50 points points to Unit 1B was correctly done. But the deed, as written and now recorded, contains an over-allotment of 300 points, instead of the correct total of 260 points that we had actually purchased.

I wasn't aware that they could combine fractional interests in two separate units under one deed. Interesting.

 

[HappyThoughtsTees]

It was one contract that included two units being sold: 210 points alloted to Unit 5A and 50 points alloted to Unit 1B. The use year was the same for both.

There was a single deed that listed both Units. The problem was that there was a typo that alloted 250 points to Unit 5A (instead of the correct figure of 210). The allotment of 50 points points to Unit 1B was correctly done. But the deed, as written and now recorded, contains an over-allotment of 300 points, instead of the correct total of 260 points that we had actually purchased.

Definitely bring this up with both the broker and title agent. I've never seen two different units under one contract so this is out of my league.

 

[JETSDAD]

Do contracts with international sellers generally take longer to close?

They don't have to. I'm a foreign seller and had the docs notarized the day they were sent to me....couriered back the following day.

 

[Jimmy Geppetto]

They don't have to. I'm a foreign seller and had the docs notarized the day they were sent to me....couriered back the following day.

Did you use a Canadian notary or did you have to visit the US embassy?

 

[JETSDAD]

Did you use a Canadian notary or did you have to visit the US embassy?

Canadian. I'm sure there are countries where people would have to go to an embassy which would take more time for sure.

 

[keirabella2012]

23 days!!! Just got the email that it passed.
Keirabella2012---$128-$27771-200-SSR-Jun-200/21, 400/22, 200/23-International Seller- sent 2/4, passed 2/27

 

[MommyMikeAmouseki]

23 days!!! Just got the email that it passed.
Keirabella2012---$128-$27771-200-SSR-Jun-200/21, 400/22, 200/23-International Seller- sent 2/4, passed 2/27

Congratulations!! We’re waiting on a SSR contract, too, that we submitted 2/15. Glad to see they didn’t keep you waiting too long.

 

[keirabella2012]

Congratulations!! We’re waiting on a SSR contract, too, that we submitted 2/15. Glad to see they didn’t keep you waiting too long.

Thank you! Good luck on yours.

 

[Redheadprincess]

23 days!!! Just got the email that it passed.
Keirabella2012---$128-$27771-200-SSR-Jun-200/21, 400/22, 200/23-International Seller- sent 2/4, passed 2/27

Congratulations!! Ours was sent 2/9 so hopefully we will find out soon, too.

 

[snowy82]

Hopefully 3rd time is the charm!

Chia1974---$140-$25900-170-BWV-Apr-0/21, 173/22, 170/23-International seller- sent 2/26

Good luck!!! You and I keep putting in offers around the same time. Fingers crossed that this one is it for the both of us!!

 

[LadybugsMum]

For those of you that had SSR contracts taken at $132 or lower - were you paying the 2022 dues or was the seller? I'm looking at a couple of contracts that are fully loaded and the buyer is expected to pay the 2022 dues with a price of $132/pp. I don't mind paying the dues if it means it has a higher chance of passing ROFR. Or should I just pay more per point for stripped contract? I want a Feb UY and I'm going to sell my Dec UY contracts after my trip in May.