SueDonJ
Moderator
- Joined
- Jul 26, 2006
- Messages
- 16,686
- Reaction score
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- Location
- Massachusetts and Hilton Head Island
- Resorts Owned
- Marriott Barony Beach and SurfWatch
- from the Table of Contents page of the 2012-2013 Points Chart at my-vacationclub.com:
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I think we're all in agreement that Marriott has the right to make changes to the Points Charts, as well as to the amount of (Legacy) Points allotted to Weeks enrolled by Exchange Members. Yes?
But up there, what I bolded in the quote that's specific to only Trust Members - what does that mean? It appears that it can be interpreted to mean that the Points Chart in effect at the time of a Trust Member's purchase, will remain in effect for as long as the Trust Member retains that specific purchase. IOW, if you buy 2,500 DC Points today, for as long as you own those 2,500 points then you can reserve intervals with those 2,500 points according to the Points Chart in effect today. BUT there is language in so many other places in the docs which doesn't support that interpretation.
So, have any of you DC Points purchasers asked a Marriott rep - other than a sales rep* - for an explanation that can be relied upon as an official statement? (*Sorry, but I just wouldn't rely on a sales rep's answer here.) If so, did your contact show you elsewhere in the documents that his/her statement can be supported?
I'd guess that chances are very good that I have this all wrong, in which case I'd really appreciate someone setting me straight.
1. UNLESS OTHERWISE PERMITTED BY APPLICABLE LAW, WITH RESPECT TO ANY ACCOMMODATION, NO CHANGE EXCEEDING TEN PERCENT (10%) PER ANNUM IN THE MANNER IN WHICH POINT VALUES MAY BE USED MAY BE MADE WITHOUT THE ASSENT OF AT LEAST TWENTY-FIVE PERCENT (25%) OF THE VOTING POWER OF THE ASSOCIATION OTHER THAN THE DEVELOPER.
2. NO TRUST OWNER WILL BE PREVENTED FROM USING THE TRUST PLAN AS A RESULT OF CHANGES IN THE MANNER IN WHICH POINT VALUES MAY BE USED.
3. IN THE EVENT POINT VALUES ARE CHANGED, NO TRUST OWNER WILL BE PREVENTED FROM USING THE ACCOMMODATIONS IN THE SAME MANNER AS WAS PROVIDED FOR UNDER THE ORIGINAL PURCHASE CONTRACT.
4. Subject to the limitations in items 1 through 3 above, the Points requirements set forth on this Points Schedule are subject to change by the Program Manager at any time, in accordance with Article III of the Reservation Procedures for Marriott Vacation Club Destinations program. For the most current Points Schedule, please refer to My-VacationClub.com.
5. This is the Points Schedule for MVC Trust.
*******
I think we're all in agreement that Marriott has the right to make changes to the Points Charts, as well as to the amount of (Legacy) Points allotted to Weeks enrolled by Exchange Members. Yes?
But up there, what I bolded in the quote that's specific to only Trust Members - what does that mean? It appears that it can be interpreted to mean that the Points Chart in effect at the time of a Trust Member's purchase, will remain in effect for as long as the Trust Member retains that specific purchase. IOW, if you buy 2,500 DC Points today, for as long as you own those 2,500 points then you can reserve intervals with those 2,500 points according to the Points Chart in effect today. BUT there is language in so many other places in the docs which doesn't support that interpretation.
So, have any of you DC Points purchasers asked a Marriott rep - other than a sales rep* - for an explanation that can be relied upon as an official statement? (*Sorry, but I just wouldn't rely on a sales rep's answer here.) If so, did your contact show you elsewhere in the documents that his/her statement can be supported?
I'd guess that chances are very good that I have this all wrong, in which case I'd really appreciate someone setting me straight.
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