DonMacGregor
Sub Leader
- Joined
- May 13, 2021
This is exactly what I was going to say. Regardless of the date of termination of the ground lease, DVC is holding a fully-enforceable contract that states that the term of use of the facility ends in 2042.Disney's argument would almost certainly be something along the following lines: "The original agreement was for the owner's use up to and expiring in 2042. Both parties willingly agreed to that expiration date at the effective price. We offered additional years, an offer which this owner did not accept. The fact that the ground lease was the mechanism of extension does not change the fact that the original agreement explicitly articulated the expiration of the owner's use in 2042. We believe the other party is not entitled to more, and ask the court to so order."
The Dude gets it, man.