LadybugsMum
DIS Veteran
- Joined
- Jun 18, 2020
I also got credits for my resale contract.
Curious when in 2020 you bought the resale contract? Was it early on before the closures? I'm asking because we got the credits for our direct contract and our resale contract we bought in 2018, but not for the one we bought in the summer. So maybe whether you get the credit for a 2020 resale contract depends on when you bought it?I also got credits for my resale contract.
For those who are commenting about credits, are you talking about the dues rebate for closure time or the tax rebate (or both)
? I think @Bing Showei is looking for the tax rebate info.
Curious when in 2020 you bought the resale contract? Was it early on before the closures? I'm asking because we got the credits for our direct contract and our resale contract we bought in 2018, but not for the one we bought in the summer. So maybe whether you get the credit for a 2020 resale contract depends on when you bought it?
Thanks, yeah I did look back at the statement again and it did show the credits for ours as well.I got all the credits for BLT which closed July 7th. So, I bought after the closures.
You got it because it is what you are legally entitled to when you transferred the deeded interest from the owner you bought from. If not this year, I suspect it would’ve been discovered eventually. The credit on the closure makes sense as well, as last year’s dues were charged to cover expenses that were never fully realized, just as it was with the tax monies custodially held.I want to also jump in and say we got the credit for our resale contract this year. I'm not sure we would of gotten it without all the phonecalls and followup questions that were made. It was nice to get "a break" on our dues this year. Thank you.
You got it because it is what you are legally entitled to when you transferred the deeded interest from the owner you bought from. If not this year, I suspect it would’ve been discovered eventually. The credit on the closure makes sense as well, as last year’s dues were charged to cover expenses that were never fully realized, just as it was with the tax monies custodially held.
I think it’s promising that this was changed this year as it hopefully means that Disney will make right on the contracts they failed to issue adjustments on since 2014.
We all appreciate that Disney runs one of the better timeshare systems; it’s why we’re owners. On every visit, and with every phone call, I always make it a point to thank sincerely the wonderful timeshare CMs who make my family’s stay at WDW so enjoyable.
Amidst all the appreciation for what the Disney timeshare experience is, it’s important for every owner to recognize that the timeshare management company is there to serve the members. They are required by law to act in our interest. Disney does make money off our continued membership (it’s built into the operations), but that should never drive their practices or policies if it proves a detriment to our membership.
So while we each love and value our timeshare, we owe it to ourselves and to the membership as a whole to hold the management company, and Disney, accountable when something is done that harms the membership. We do a disservice to ourselves and the timeshare we treasure when we excuse Disney for forgetting their fiduciary responsibilities.
My resale contract deed was recorded in mid-Aug. I did pay the dues for the 2020 points (Dec UY), but I don’t know if that was factored in or not.Curious when in 2020 you bought the resale contract? Was it early on before the closures? I'm asking because we got the credits for our direct contract and our resale contract we bought in 2018, but not for the one we bought in the summer. So maybe whether you get the credit for a 2020 resale contract depends on when you bought it?
I bought 2 resale contracts this year (AKV and BLT) and got credits for both. However, my dues statement says I owe 2021 BLT dues even though my resale contract stated the sellers will pay 2021 dues at closing due to it being stripped of all 2021 points. I'm confused.
I bought 2 resale contracts this year (AKV and BLT) and got credits for both. However, my dues statement says I owe 2021 BLT dues even though my resale contract stated the sellers will pay 2021 dues at closing due to it being stripped of all 2021 points. I'm confused.
Thanks, yeah I did look back on our dues statement and we did get the credit for our new resale contract as well.My resale contract deed was recorded in mid-Aug. I did pay the dues for the 2020 points (Dec UY), but I don’t know if that was factored in or not.
Thank you. I received an email re: property tax credit on a resale purchase yesterday. Your efforts are appreciated.You got it because it is what you are legally entitled to when you transferred the deeded interest from the owner you bought from. If not this year, I suspect it would’ve been discovered eventually. The credit on the closure makes sense as well, as last year’s dues were charged to cover expenses that were never fully realized, just as it was with the tax monies custodially held.
I think it’s promising that this was changed this year as it hopefully means that Disney will make right on the contracts they failed to issue adjustments on since 2014.
We all appreciate that Disney runs one of the better timeshare systems; it’s why we’re owners. On every visit, and with every phone call, I always make it a point to thank sincerely the wonderful timeshare CMs who make my family’s stay at WDW so enjoyable.
Amidst all the appreciation for what the Disney timeshare experience is, it’s important for every owner to recognize that the timeshare management company is there to serve the members. They are required by law to act in our interest. Disney does make money off our continued membership (it’s built into the operations), but that should never drive their practices or policies if it proves a detriment to our membership.
So while we each love and value our timeshare, we owe it to ourselves and to the membership as a whole to hold the management company, and Disney, accountable when something is done that harms the membership. We do a disservice to ourselves and the timeshare we treasure when we excuse Disney for forgetting their fiduciary responsibilities.