In your paperwork, there should be a page titled "Statement Accompanying Conditional Public Report for The Villas at Disney's Grand Californian Hotel"
It says
1. Prior to the issuance of the Final Public Report for the Resort, the following information must be received and approved by the State of Californina, Department of Real Estate (the "DRE")
(i) A copy of the recorded condominium map for the Resort, and
(ii) a copy of the approved and recorded tract map for the Resort.
2. blah blah blah
3. No escrow shall close nor will the ownership interest contracted for under the authority of a Conditional Public Report be conveyed, until the requirements under Business and professions code Section 11227 (c) are met and a Final Public Report for the Resort has been issued.
I don't know how close they are to meeting the provisions above.
The conditional report (which is printed on the bright yellow paper) expires on July 11, 2009. I am assuming they are going to get the final report done prior to the July 11th date--but just how soon is anyone's guess.