As the owner of Advantage Vacation, a licensed real estate company specializing in name brand timeshare resales, I received the following email regarding Disney Vacation Club and the restricting of timeshare resales benefits on Monday, April 4th and reprint the information in its entirety for Disney timeshare owners and Disney timeshare resales owners to review:
Please review the attached notice on a change to Disney Vacation Club incidental benefits policy effective April 4th, 2016, and share this information with your co-workers.
Sharon M. Thayer, Contract Administration Manager
Membership Administration, Disney Vacation Club
Following you will find the notice regarding a change to Disney Vacation Club incidental benefits policy effective Monday, April 4, 2016.
April 4, 2016
Delivered via email
RE: Direct Purchase Benefits
Dear Sir or Madam;
On April 4, 2016, the following important change to our incidental benefits policy will go into effect: New purchasers of Disney Vacation Club® ownership interests not purchased directly from Disney Vacation Development, Inc. will not have access to Membership Extras, including Member discounts on dining, shopping, Member-exclusive events, and certain special Membership offers, as well as Disney and Concierge Collection options, already restricted for secondary market purchasers as of March 21, 2011.
In addition to other provisions as required by law, we would encourage you to include language substantively similar to the following in your purchase agreements:
“As of March 21, 2011, you will not be able to use the vacation points associated with this Ownership Interest to make reservations for the Concierge or Disney Collection options such as Disney Cruise Line, Adventures by Disney, or select Disney resorts. Further, as of April 4, 2016, you will not have access to other Disney Vacation Club incidental benefits (also known as Membership Extras) such as Member discounts on dining, shopping, Member-exclusive events, and certain special Member offers. Do not purchase your Ownership Interest in reliance on access to or the ability to transfer these Disney Vacation Club incidental benefits.”
Thank you in advance for your assistance to this matter.
Disney Vacation Club”
Syed Sarmad, Principal Broker for Advantage Vacation