EOYE MF issue

[chamel]

I didn't realize any of ocean ridge was udi. Did you get a copy of the deed? Does it say what section of Ocean ridge your contract comes from?

Yes - Details above in response to paxsarah!

 

[paxsarah]

Everything that isn't Club Wyndham Access is UDI. Even unconverted fixed weeks not in the Points system are technically UDI.

Wyndham chooses not to refer to converted fixed weeks as UDI, for what it's worth.

 

[paxsarah]

For anyone following, I found a statement in my Wyndham account that says, "PTVO Owners Association, Inc. 2025 Budget." I'm not sure if this is the Ocean Ridge statement (it doesn't say anywhere, but it does look similar to my Bali Hai statement which is NOT in my owner portal).

Maintenance fee listed is $8.13/k for 2025.

PTVO is Club Wyndham Access. That's in everyone's account whether they own it or not.

 

[tschwa2]

Everything that isn't Club Wyndham Access is UDI. Even unconverted fixed weeks not in the Points system are technically UDI.

No they are not UDI means undivided interest. It means they take the resort as a whole and rather than divide it and sell it as weeks it is sold as a single pot of points. If you own a week whether it has been converted to points or not, it is not an undivided interest in the resort - it is week x in unit y at the resort. The points system gives you access to other units or weeks but you own a week not an undivided interest at the resort.

 

[tschwa2]

Yes - Details above in response to paxsarah

Details from the website are sometimes wrong too. The deed itself will be the definitive document.

 

[Floridaman76]

Wyndham chooses not to refer to converted fixed weeks as UDI, for what it's worth.

Yes, but just because on Wyndham's website it doesn't specifically display that it's UDI, doesn't mean it in fact is, technically.

A subdivided property ownership (which a fixed week IS) is UDI. This is what I was saying

 

[paxsarah]

Yes, but just because on Wyndham's website it doesn't specifically display that it's UDI, doesn't mean it in fact is, technically.

A subdivided property ownership (which a fixed week IS) is UDI. This is what I was saying

If you want to define something technically, but not the way Wyndham uses the term in practice, during a discussion about Wyndham ownerships, I guess that's your prerogative.

I can't believe it took me this long to realize who you were, though.

 

[bnoble]

Yeah, you can be the "Well, Actually" reply-guy, but it isn't very helpful. In "Wyndham speak", there are three broad classes of points ownership, and they tend to use the following labels:

• Converted week: You own a deed for a specific (fixed or floating) week, and assign the usage rights of that week to Club Wyndham, and in exchange are awarded points. The (estimated) fees on these are paid in the year prior to use, on a monthly basis, with rollover of the estimated surplus/shortfall into the following year. You can only ARP into the specific usage rights of the underlying deed.
• Undivided Interest: You own a deed that is simply a fraction of (some part of) a specific resort, to which a nominal points value is assigned. The fees are paid in the year of use, on a monthly basis. You can ARP into anything in (that part of) the resort.
• Access: You own a fractional interest in a trust; it is not deeded property. Fees are assessed based on the average of the underlying property to which the trust has usage rights, according to the framework at each underlying property (converted week or UDI). You can ARP into any inventory to which the underlying trust has usage rights.

Converted weeks can be EOY. I suspect UDI can be too, but I don't know for sure. There are also some richer ARP models where some resorts have mutual ARP into each other, but they can probably be safely ignored for this conversation. The Shell resorts, likewise, have pooled ARP into one of a handful of groups of resorts.

 

[CO skier]

A subdivided property ownership (which a fixed week IS) is UDI. This is what I was saying

From the internet, fwiw