This is a good point. I think DVC is finally cottoning onto the fact (or it’s come to a point where the effect is too great too ignore) that there’s a lot of money to be gained by tightening the resale and rental market.
I’m not sure how I feel about this honestly.
Quite possibly. First, they establish that DVC villas are for "personal use" only (versus a prohibition on "commercial use" which was ambiguous). Then, there are 6 discrete activities they appear to be targeting and that they may conclude are indicative of engagement in a "commercial enterprise", each of which seems not to affect the casual owner who may occasionally gift a stay, let their family use their points, or rent out points to offset dues, or avoid losing points due to late cancellations, etc. They are:
1. DVC may conclude that a pattern of rental activity involving renting confirmed reservations (reserved accommodations) could be considered engagement a commercial enterprise.
2. Frequent occupancy of reserved accommodations other than by the owner or the owner's family may be considered engagement in a commercial enterprise.
3. Use of regular rental or resale advertising may be considered engagement in a commercial enterprise.
4. Creating, maintaining, or frequent use of a rental or resale website may be considered engagement in a commercial enterprise.
5. Repeated or frequent purchase and resale of interests in a Property or Plan may be considered engagement in a commercial enterprise, whether it's an individual, an LLC, a partnership, or a trust.
6. Using a n LLC, partnership, or trust to circumvent caps on points ownership (maximum permitted ownership) may be considered engagement in a commercial enterprise.
Numbers 3 through 6 are the ones I find most intriguing, seemingly targeting companies working overtly within the commercial space, like the board sponsor, David's etc.
As I said earlier, I just find it interesting that all of the concerns members have voiced over what has been perceived to be commercial renting, and that many dismissed with comments like "Go tell that to Disney. They don't care because if they did, they'd do something about it", all seem to be directly addressed without much ambiguity, right there in that new paragraph.