I have a question about any future rentals. With a rental contract, how can I be sure the DVC member will be in good standing with DVC? Even if the reservation is made, if the owner falls behind in their payments, won't Disney cancel the reservation?
I can't speak in terms of Disney, but under any timeshare system an owner can try to back out of a deal. For instance, a Marriott owner can give you a confirmation number with your name on the reservation. If he decides to call Marriott and remove your name at the last minute, he can. With a rental agreement in place, a small claims suit is much easier to win.
In the case of Disney, I guess a good agreement would include a statement that the owner is in good standing with DVC and will remain as such through the rental period.
In my opinion, if you are renting, a rental escrow is the most screw-proof way to go. The owner doesn't get paid until the renter completes their stay. No way would someone like John Molesi agree to this. It costs a good deal of $$, and honest owners hate them because it ties up their money. I used them the first couple of times I rented because I was so concerned about getting screwed over. If I encounter a first time renter who is nervous, I will offer the escrow route (if they pay for it) to help their peace of mind.