chalee94
DIS Legend
- Joined
- Aug 14, 2006
- Messages
- 11,132
please remind me, what is ROFR
Thank-you
ROFR is disney's right of first refusal.
when you decide to sell your pts, you have to find a willing buyer. then you have to submit the contract to disney.
if disney chooses, they can "step into the shoes" of the buyer and take the contract away from them. the seller gets the terms they agreed on, but the buyer has to start over. disney adds the contract to their inventory of pts available to sell or rent.
otherwise, disney can pass and allow the sale to go through to the original buyer.