DVC RESALES
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Old 04-13-2013, 08:05 AM   #16
Minnies Dad
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Thanks, great data.
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Old 04-13-2013, 08:46 AM   #17
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Originally Posted by wdrl View Post

There have been numerous reports that DVD has recently exercised ROFR on BWV deeds. None, however, have appeared on the OCC website in the last few months. There is a delay between when DVD issues a Notice of Waiver and when the Notice is recorded with OCC. Notices are not filed until a resale transaction has closed, which can sometimes be several weeks or months after DVD issued the Notice of Waiver.
So this data is really from sales that happened before March correct? I know from talking to 2 resale brokers that MOST BWV contracts were refused in the month of March - I am guessing there is a month or 2 delay?

Thanks for the information it is interesting!
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Old 04-13-2013, 08:55 AM   #18
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Originally Posted by dbs1228 View Post
So this data is really from sales that happened before March correct? I know from talking to 2 resale brokers that MOST BWV contracts were refused in the month of March - I am guessing there is a month or 2 delay?

Thanks for the information it is interesting!
When compiling the data, I did not track the day that DVD issued the Notice of Waiver. In most cases, the Notices of Waiver that were recorded by OCC in March 2013 were issued by DVD in February and early March, including the Waivers for BWV.
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Old 05-09-2013, 11:55 AM   #19
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Great information! Thanks
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Old 05-20-2013, 01:49 AM   #20
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I have a question. I just signed a contract at OKW for 270 points, December use year, expiration of 2042. I signed at $50 per point. Do you think Disney will exercise ROFR or let me purchase?
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Old 05-20-2013, 01:52 AM   #21
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I hope I can get it by
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Old 05-20-2013, 01:53 AM   #22
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How long should it typically take to get a ROFR result
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Old 05-20-2013, 08:23 AM   #23
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I was told ROFR can take 30 days. From looking a what people posted, I would expect very close to that. We are on day 14. We have learned you have to be patient or you will drive yourself crazy!
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Old 05-22-2013, 08:30 AM   #24
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FYI, we were notified yesterday (5/21) that we passed ROFR on two contracts - one we sold and one we purchased. The OKW we sold went to Disney on 4/29. The BCV we purchased went to Disney on 4/26.
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