What to Expect When Finalizing a Disney Vacation Club Resale Contract

Purchasing a Disney Vacation Club (DVC) resale contract is an exciting milestone, but many buyers and sellers wonder how long the closing process takes. Understanding the timeline helps set realistic expectations and ensures a smoother experience. This guide outlines each step from accepted offer to ownership transfer.

Overview of the DVC Closing Process

Once your offer has been accepted, the closing process begins. Several steps must be completed before the points officially transfer to your account. These include drafting the purchase agreement, navigating Disney’s Right of First Refusal (ROFR), and finalizing title work. While timelines can vary, most contracts close within 8 to 12 weeks.

Step 1: Purchase Agreement

After reaching an agreement with the seller, a purchase contract is prepared and signed by both parties. This legal document outlines the sale price, terms, and any contingencies. At this stage, working with a trusted resale broker such as DVC Sales ensures everything is accurate and in compliance with state laws.

Step 2: Disney’s Right of First Refusal (ROFR)

Disney has the option to buy back the contract under the same terms you agreed upon with the seller. This is known as ROFR. The review typically takes 2 to 6 weeks. If Disney waives ROFR, the contract moves forward to the next step. Buyers can research past buybacks by reviewing DVC resale values to anticipate how likely Disney is to exercise its right.

Step 3: Title & Estoppel

Once ROFR is cleared, title work begins. An estoppel letter from Disney provides details such as remaining points, banking status, and outstanding annual dues. This step is crucial for verifying contract accuracy. Buyers also confirm resort details, whether at Saratoga Springs Old Key West or Aulani in Hawaii.

Step 4: Closing Documents

Once title verification is complete, closing documents are prepared. Both buyer and seller must sign and return them promptly. Buyers are also responsible for sending funds for the purchase price, closing costs, and prorated dues. Partnering with a broker who understands DVC resale restrictions ensures there are no surprises in this stage.

Step 5: Disney Account Transfer

After all paperwork and funds are received, the title company records the deed. Disney is then notified of the ownership change, which typically takes 2 to 4 weeks. Once processed, the buyer’s account is updated, and they can begin using their points to book vacations at resorts such as BoardWalk Villas or Beach Club Villas

Tips for a Smooth Closing

To keep the process on track, ensure documents are completed quickly and payments are made on time. Using planning tools like the DVC point calculator and reviewing Disney’s official FAQ can help buyers prepare for ownership. Communication with your broker and title company is key to avoiding unnecessary delays.

Final Thoughts

The DVC closing timeline requires patience, but the reward is worth it. From the first signed contract to officially becoming a member, each step is designed to protect both buyer and seller. With professional guidance and clear expectations, you can navigate the process confidently and look forward to years of magical vacations.