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#1 (permalink) |
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Senior Mouseketeer
Join Date: May 2006
Location: Toronto
Posts: 118
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Does Disney have a right to limit your use?
Here is a question that is on my mind. Does Disney have the right to limit the rights you have as a Disney owner. When you buy a property or a timeshare, as is the case with Disney points, you have certain rights and benenfits inherent in the law. The acronym SLUDGE illustrates these rights.
S ell the points L ease the points (rent them) U se the points D o nothing with them G ive them away (will them) E enter the property If these are rights you have as an owner, how can Disney unilaterally change the rights and say that you can't do more than one transfer a year. Some people may be renting the points as a business, but many owners are not in this group. They have bought the points with the understanding that they or family members and friends can enjoy the use of their membership. What happens if the family has grown up and the need is no longer there for a two bedroom unit. You have 400 points and can't take more than a week or two of vacations and a studio is more than sufficient. Why should you be limited how you use your extra points. To me this is not right, what do you think? Last edited by wdw&tk; 10-28-2006 at 12:02 AM. |
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#2 (permalink) |
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MB's Rabble Rouser®
Join Date: Sep 2004
Location: Carlinville, IL
Posts: 6,144
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Re: Does Disney have a right to limit your use?
I think you either sign a contract agreeing to their terms or you don't. If enough people don't, they'll change their offer. However, at this time, supply & demand favors Disney.
__________________
. . Cavey, Tigger, BossMouse, Soundgod
Erin, and Lil'pocohantas in association with the Federal Emergency Management Agency, and Juicy Juice are proud to present Cavey-Fest III December 13, 2008 |
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#3 (permalink) |
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Dole Whip Apostate
Join Date: Mar 2005
Location: Shasta in my heart
Posts: 2,815
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Re: Does Disney have a right to limit your use?
Yes.
I put in Donald because I like him and "yes" gets me in trouble with the "post not long enough" police.
__________________
x*´¨) x¸.•´ ¸.•*´¨"...make sure you don't grow up stupid.¸.•´¨) (¸.•´xxxxxxxxxxxxIt's bad for the world."xxxxxxxxxxx ¸.•´ xxxxxxxxxxxxx--Tami Taylor, Friday Night Lightsxxxxxxxxxx(¸.•`* |
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#4 (permalink) |
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Too many DVC points? NST
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Re: Does Disney have a right to limit your use?
As I understand it the transfer is only between you and another DVC member. You can still "rent" the points and make reservations in anybody's name for a many times as your points allow.
Demand means DVC is the ONLY timeshare that I am aware of that actually has increased in value. It all goes back the the 3 most important factors in real estate...location, location, and location.
__________________
Richard Carmichael, Chesapeake VA DVC Member BLT, VGC & SSR 2009 SSR(x2), AKV, BWV, BLT(x2), VB, DCL Magic; 2008-SSR, WLV, OKW YC; 2007-YC, GF: DCL Wonder; 2006-SSR, SoG, Poly; 2005- Poly (x2), Orange Lake; 1999-Courtyard LB; Disney Inn (RIP - now SoG) '90, '88, '86 Make-A-Wish Volunteer www.wish.org My Wish - no Wish Kids to send to see THE Mouse. ![]() 2nd Fav Org - Give Kids The World Village www.gktw.org |
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#5 (permalink) |
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Senior Mouseketeer
Join Date: May 2006
Location: Toronto
Posts: 118
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Re: Does Disney have a right to limit your use?
Richard, thank you for the clarification I wasn't aware of that. You are right the 3 most important factors to real estate value are location, location, location, however, in this situation I think location s/b replaced with Disney, Disney, Disney. As far as the value holding itself or making a profit. This is true only because Disney is excercising their ROFR, which is keeping the value up. Please don't get me wrong, I think this is beneficial to both Disney and the current owners and I am not against it.
Going back to my original question, should Disney have the right to limit you transferring your points to another DVC member? |
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#6 (permalink) |
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Senior Mouseketeer
Join Date: Oct 2006
Location: Lincoln, ENGLAND
Posts: 208
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Re: Does Disney have a right to limit your use?
I'd suspect Disney can do whatever they want to within the terms of the contract that all members sign.
I think Disney lets you do all your SLUDGE items but with certain criteria built in. Sell them - BUT Disney has first buy-back option Lease them - BUT not more than once a year Use them - BUT only if accommodation is available Do nothing with them - BUT lose them after 2 years Give them away - BUT probably pay an admin fee Enter the property - BUT only if property is available
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. John, Lincoln, ENGLAND |
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#7 (permalink) | |
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Senior Mouseketeer
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Re: Does Disney have a right to limit your use?
Quote:
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"Honey! WHERE is my super suit?!" Frozone 1968 Disneyland Hotel (Summer) 1972 Disneyland Hotel (Summer) 1976 Off Site (Summer) 1979 Off Site (Summer) 1997 Off Site (August)) 2001 Disneyland Hotel (June) 2002 Off Site (December) 2003 x2 Off Site (February & December) 2004 Off Site (December) 2005 x2 Off Site (August & December) 2006 x4 Off Site (March, August, December) Disneyland Hotel (November) 2007 x3 Off Site (April, June, & October) |
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#8 (permalink) | |
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Senior Mouseketeer
Join Date: May 2006
Location: Toronto
Posts: 118
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Re: Does Disney have a right to limit your use?
Quote:
Best regards, |
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