You may be familiar with Disney Vacation Club, or you might have at least seen the kiosks sprinkled throughout the parks on your last Disney World vacation. Plunking down a bunch of money to buy Disney’s version of a timeshare is a big commitment, but don’t worry, that’s not what we’re recommending (though I am a proud and happy owner). Related: Guide to visiting Walt Disney World Timeshare, Mickey-Style Yet, even with all those options, one of the most intriguing options remains renting points from a Disney Vacation Club member to book a true Walt Disney World property for less.Īnd while renting DVC points is always a good option to consider, it is an especially relevant option right now as the only new on-property hotel bookings Disney World is accepting at the moment are those booked with Disney Vacation Club points. There are plenty of suitable options around Disney World. And families working on a budget might redeem their hotel points to stay at a non-Disney hotel or off-property hotel instead. Those looking for the ultimate in convenience might enjoy a deluxe resort on the monorail, such as The Contemporary Resort or Disney’s Polynesian Village Resort.
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So what are you waiting for? Feel free to contact our DVC Shop Resale team with any additional questions regarding DVC membership contracts, rules and policies.Editor’s note: This is a recurring post, regularly updated with new information and offers.ĭuring normal times, there are many different ways to tackle selecting lodging for a Disney World vacation, including Disney’s value and moderate resort categories.
Keep in mind, regardless of when or where you purchase your DVC points, the sooner you purchase the contract, the more years you will have to enjoy your purchase.
There are absolutely no differences between resale and direct purchases when it comes to expiration dates. What Are The Differences Between Resale And Direct Purchases? You can find more detailed information in our article about what happens when your DVC contract expires. Alternatively, in the case that DVC does not offer owners the ability to extend the contract, the right to use the property is reverted back to Disney Vacation Development, Inc., and you will no longer be able to use your DVC points to book reservations. When your DVC contract reaches its expiration date, in some cases DVC will offer owners the ability to extend their contracts, like in the case of Old Key West. *All deeds expire on January 31st of their respective expiration year. You can find the contract expiration date for each DVC resort below. Some owners may value getting the most affordable maintenance costs, or prefer owning at their favorite resort location, while other owners may place a high value on the expiration date of their contract. If looking to purchase a DVC contract it is important to know your properties expiration date in order to determine the length of time you and your family can enjoy your ownership. Those who elected to extend their contracts now have an expiration date of 2057, while those who opted out maintain their original expiration date, 2042.
While most DVC resorts were given an expiration date of 50 years from the property construction date, not all resorts follow this rule.Īdditionally, in 2007 owners of Old Key West were offered the option to add an additional 15 years to their contracts. DVC Contract Expiration Dates DVC Beach Club Villas With An Expiration Stamp On Top Of ItĮxpiration or end dates of the contract vary depending on your chosen home DVC resort. Essentially, owners possess the use rights of their ownerships, while in the developer legally owns the property itself. Owners of right to use timeshares may sell, donate or will their ownership contract to another party, but the expiration date remains identical for the new owner. In the timeshare industry this is sometimes referred to as a “right-to-use” property, which differs from a traditionally deed ownership, as well as perpetually owned “pure-points” ownerships.Īs with any lease, the agreements between the DVC resorts and Disney Vacation Development, Inc. Being a leasehold means that the land on which the DVC resorts are built is leased from the owner of the land, Disney Vacation Development, Inc.
Unlike some other vacation ownerships, Disney Vacation Club’s fifteen unique resorts are all leasehold properties.
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