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Recorded Trust Documents

dioxide45

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Interesting! The trust is heavily loaded with Vegas, Hawaii and Orlando.
Grande Ocean is on the list twice. Typo?

The new tower at Grand Chateau added over 35M points to the trust. So if they ever complete the fourth tower and with reacquired weeks, Grand Chateau will have probably creep close to 100M points in the trust.
 

GaryDouglas

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Club Suites and Villas
Percent Trust by Resort

Resort.....................................Total
Maui Ocean Club.......................10,109,250
Maui Ocean Club Sequel.................8,264,500
...
Total................................331,255,500

The last number I remember seeing for MOC was that we were over 25% in the trust. Curious to see how that is changing over time, especially after last years acquisition of units into the trust from legacy owners that had leans that were not resolved in time.

O2-45, Can you please massage that in Excel for us...?
 

dioxide45

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A pretty small conveyance was recorded in Orange County Florida on January 7th. They seemed to go off pattern in 2015. In prior years they did two large conveyances each year anywhere from 25,000,000 points to 45,000,000 points. Last year they did only one and this rather small one in very early 2016. This one was just under 5,000,000.

Resort...................Points
BeachPlace Towers.......184,000
Canyon Villas...........141,750
Crystal Shores...........15,500
Cypress Harbour.........384,000
Fairway Villas..........325,750
Grand Chateau...........543,000
Grande Vista............880,000
Harbour Lake............334,750
Imperial Palms...........44,500
Lakeshore Reserve.......130,500
Legends Edge.............71,250
Manor Club..............127,000
Manor Club Sequel.......114,500
Mountain Side...........129,750
Ocean Pointe............389,250
Oceana Palms.............52,250
Royal Palms.............100,250
Sabal Palms..............78,000
Summit Watch............213,500
Villas at Doral.........214,250
Willow Ridge Lodge......148,000
Total.................4,621,750
 

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Thank you “dioxide45” for keeping the Total Trust Breakdown list current.

I’ve never seen a list/spreadsheet that has the specific week(s) & accommodation type(s) of the resorts conveyed to the trust. Does something like this even exist?

Would prove useful to keep from searching & waiting for something which isn’t available.
 

GregT

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Marriott: Maui Ocean Club Lahaina Villas (3BRx5), Ko Olina, Shadow Ridge II, Willow Ridge, Aruba Ocean Club, DC Points HGVC: Flamingo, Sea World, I-Drive, Starwood Bella (x4), SDO, TradeWinds, Worldmark
Thank you “dioxide45” for keeping the Total Trust Breakdown list current.

I’ve never seen a list/spreadsheet that has the specific week(s) & accommodation type(s) of the resorts conveyed to the trust. Does something like this even exist?

Would prove useful to keep from searching & waiting for something which isn’t available.

Marriott has never published anything like this, I wish they did. I keep a spreadsheet of 3BR units that get deposited at Maui Ocean Club Lahaina/Napili Villas, but that is a manual effort to compile.

Best,

Greg
 

dioxide45

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Thank you “dioxide45” for keeping the Total Trust Breakdown list current.

I’ve never seen a list/spreadsheet that has the specific week(s) & accommodation type(s) of the resorts conveyed to the trust. Does something like this even exist?

Would prove useful to keep from searching & waiting for something which isn’t available.

One thing though, just because a specific week hasn't been conveyed, it doesn't mean it isn't available. Owners of certain interval types can deposit their own weeks for DC points. So just because something isn't in the trust, doesn't mean it is futile to search and wait-list for it.
 

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Last edited:

GregT

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Marriott: Maui Ocean Club Lahaina Villas (3BRx5), Ko Olina, Shadow Ridge II, Willow Ridge, Aruba Ocean Club, DC Points HGVC: Flamingo, Sea World, I-Drive, Starwood Bella (x4), SDO, TradeWinds, Worldmark
I just saw that there was another deposit in July 2016 -- will try to provide more details asap.

Best,

Greg
 

dioxide45

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I finally got around to gathering the recorded data from the July 14, 2016 recording. Looks like a total of 32,123,500 total points added to the trust in this conveyance.

Resort...................................Points

Barony Beach Club.......................927,250
BeachPlace Towers.......................947,250
Canyon Villas...........................333,000
Crystal Shores...........................83,500
Cypress Harbour.......................2,043,250
Desert Springs I........................833,750
Desert Springs II.....................1,692,750
Fairway Villas..........................325,750
Frenchman's Cove........................801,000
Grand Chateau...........................932,750
Grand Residence Lake Tahoe..............359,000
Grande Ocean............................823,500
Grande Vista..........................3,460,500
Harbour Club............................114,000
Harbour Lake..........................1,490,500
Harbour Pointe..........................143,250
Heritage Club............................99,250
Imperial Palms..........................164,000
Kauai Beach Club......................1,290,500
Ko'Olina................................261,250*
Lakeshore Reserve.......................406,250
Legends Edge............................231,000
Manor Club..............................185,750
Manor Club Sequel.......................153,750
Maui Ocean Club.......................1,872,000
Maui Ocean Club Sequel..................509,000
Monarch at Sea Pines....................293,000
Mountain Side...........................297,000
Mountain Valley Lodge...................301,000
Newport Coast.........................1,208,750
Ocean Pointe..........................1,136,000
Ocean Watch.............................711,750
Oceana Palms............................176,000
Ritz Carlton Club - Lake Tahoe...........60,500
Ritz Carlton Club - San Francisco.......308,750
Ritz Carlton Club - St Thomas...........545,250
Ritz Carlton Club - St Thomas Suites....243,250
Ritz Carlton Club - Vail.................81,500
Royal Palms.............................467,750
Sabal Palms.............................254,750
Shadow Ridge..........................1,859,250
Shadow Ridge II.........................138,000
Streamside................................8,250
Summit Watch............................376,250
Sunset Pointe............................50,250
Surfwatch...............................585,000
Timber Lodge............................589,000
Villas at Doral.........................620,250
Waiohai...............................1,039,250
Willow Ridge Lodge......................289,000

Total................................32,123,500

* It seems that Marriott Vacation Club made several errors in this conveyance, one of them being that they failed to have a conveyance recorded for Ko'Olina adding 261,250 points to the trust. While I can't know for sure that it is one conveyance missing or for sure it is Ko'Olina. The error seems to occur between instrument 20160362868 and 20160362870. The sequence of points before conveyance and after don't add up. Also since the point below impacts the sequence and makes it more confusing.

Some other errors of note:
  • Instrument 20160362869 is just messed up. It looks like they used instrument 20160009658 as a template but didn't update the items i, iii, iv or vi to show the correct amount of points and interests before and after conveyance. If you look at 20160362869 and 20160009658, you will see that the numbers are the same.
  • Instrument 20160362889 is also missing item iii to indicate the total points after conveyance
  • Instrument 20160362880 has an error in item iii. It is 1,000,000 points to high.
  • Instrument 20160362903 has an error in item iii. It is 1,000,000 points to low.
 

dioxide45

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Another interesting note was the following addition;

Ritz Carlton Club - St Thomas Suites....243,250

I am not exactly sure the difference from other conveyances for Ritz Carlton Club - St Thomas. It was conveyed in instrument 20160362929.
 

dioxide45

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Breakdown by Property

Resort.....................................Points
Grand Chateau..........................52,703,750
Ko'Olina...............................30,045,750
Newport Coast..........................29,394,500
Oceana Palms...........................23,391,250
Grande Vista...........................19,272,750
Kalanipu'u.............................18,293,500
Timber Lodge...........................17,677,250
Shadow Ridge II........................13,429,500
Maui Ocean Club........................11,981,250
Ritz Carlton Club - Vail...............11,813,500
The Mayflower..........................10,748,750
Crystal Shores..........................9,598,250
Cypress Harbour.........................9,156,000
Maui Ocean Club Sequel..................8,773,500
Ocean Pointe............................8,588,000
Harbour Lake............................8,506,500
Shadow Ridge............................8,053,750
Desert Springs II.......................7,686,750
Canyon Villas...........................5,820,500
Kauai Beach Club........................5,204,250
Ocean Watch.............................4,656,250
Willow Ridge Lodge......................4,552,000
Waiohai.................................4,446,000
Grand Residence Lake Tahoe..............4,322,250
Desert Springs I........................4,299,000
BeachPlace Towers.......................3,734,000
Barony Beach Club.......................3,339,750
Grande Ocean............................3,159,250
Fairway Villas..........................2,827,750
Ritz Carlton Club - San Francisco.......2,678,000
Frenchman's Cove........................2,553,750
Surfwatch...............................2,532,500
Villas at Doral.........................2,423,750
Mountain Side...........................2,249,250
Royal Palms.............................2,134,750
Lakeshore Reserve.......................2,021,000
Summit Watch............................1,996,000
Ritz Carlton Club - St Thomas...........1,841,250
Legends Edge............................1,588,500
Manor Club..............................1,558,500
Sabal Palms.............................1,545,500
Ritz Carlton Club - Lake Tahoe..........1,462,750
Mountain Valley Lodge...................1,248,750
Manor Club Sequel.......................1,083,000
Streamside..............................1,007,500
Monarch at Sea Pines......................995,750
Imperial Palms............................714,500
Harbour Pointe............................665,000
Harbour Club..............................303,750
Heritage Club.............................267,500
Ritz Carlton Club - St Thomas Suites......243,250
Sunset Pointe.............................159,500
Grand Total...........................378,749,500
 
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Fasttr

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Thanks for all your time and talents to maintain this listing. It is appreciated!!
 

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Breakdown by Property

Resort.....................................Points
Grand Chateau..........................52,703,750
Ko'Olina...............................30,045,750
Newport Coast..........................29,394,500
Oceana Palms...........................23,443,500
Grande Vista...........................19,272,750
Kalanipu'u.............................18,293,500
Timber Lodge...........................18,255,250
Shadow Ridge II........................13,429,500
Maui Ocean Club........................11,981,250
Ritz Carlton Club - Vail...............11,813,500
The Mayflower..........................10,748,750
Crystal Shores..........................9,598,250
Cypress Harbour.........................9,156,000
Maui Ocean Club Sequel..................8,773,500
Ocean Pointe............................8,588,000
Harbour Lake............................8,506,500
Shadow Ridge............................8,053,750
Desert Springs II.......................7,686,750
Canyon Villas...........................5,820,500
Kauai Beach Club........................5,204,250
Ocean Watch.............................4,656,250
Willow Ridge Lodge......................4,552,000
Waiohai.................................4,446,000
Grand Residence Lake Tahoe..............4,322,250
Desert Springs I........................4,299,000
BeachPlace Towers.......................3,734,000
Barony Beach Club.......................3,339,750
Grande Ocean............................3,159,250
Fairway Villas..........................2,827,750
Ritz Carlton Club - San Francisco.......2,678,000
Frenchman's Cove........................2,553,750
Surfwatch...............................2,532,500
Villas at Doral.........................2,423,750
Mountain Side...........................2,249,250
Royal Palms.............................2,134,750
Lakeshore Reserve.......................2,021,000
Summit Watch............................1,996,000
Ritz Carlton Club - St Thomas...........1,841,250
Legends Edge............................1,588,500
Manor Club..............................1,558,500
Sabal Palms.............................1,545,500
Ritz Carlton Club - Lake Tahoe..........1,462,750
Mountain Valley Lodge...................1,248,750
Manor Club Sequel.......................1,083,000
Streamside..............................1,007,500
Monarch at Sea Pines......................995,750
Imperial Palms............................714,500
Harbour Pointe............................665,000
Harbour Club..............................303,750
Heritage Club.............................267,500
Ritz Carlton Club - St Thomas Suites......243,250
Sunset Pointe.............................159,500
Grand Total...........................379,379,750

Fantastic! Thank you again and again and again ... :clap::clap:

Were these three (Jan/Post #303, Mar/Post #307 and this July one) the only conveyances for 2016? When I used your link to the comptroller's site for another thread I got a ton of hits. No doubt an overwhelming majority are unrelated to conveyances but I really don't know how to pinpoint the searches to only conveyances.
 

dioxide45

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Fantastic! Thank you again and again and again ... :clap::clap:

Were these three (Jan/Post #303, Mar/Post #307 and this July one) the only conveyances for 2016? When I used your link to the comptroller's site for another thread I got a ton of hits. No doubt an overwhelming majority are unrelated to conveyances but I really don't know how to pinpoint the searches to only conveyances.
Yes, there were only the three conveyances this year. To pinpoint the documents for these conveyances, also include the recording date range and search by "MVC" in the Grantee field. Here are the three recording dates; 1/7/2016, 3/21/2016 and 7/14/2016.
 

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Yes, there were only the three conveyances this year. To pinpoint the documents for these conveyances, also include the recording date range and search by "MVC" in the Grantee field. Here are the three recording dates; 1/7/2016, 3/21/2016 and 7/14/2016.

Oh no, I don't plan on duplicating your searches when you've already done all the work! I just wondered if in all the jumble I saw the other day there were any other conveyances, and figured you'd get to that answer much faster than I could. :D
 

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Oh no, I don't plan on duplicating your searches when you've already done all the work! I just wondered if in all the jumble I saw the other day there were any other conveyances, and figured you'd get to that answer much faster than I could. :D
Those other hits you got are likely other conveyances. There are 822 total conveyances, some original and a small number are rerecords. I am thinking this thread may prompt a few more rerecords given the number of errors they made this time around.
 

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Those other hits you got are likely other conveyances. There are 822 total conveyances, some original and a small number are rerecords. I am thinking this thread may prompt a few more rerecords given the number of errors they made this time around.

You would be shaking your head at what I did - a date range months long with only the word "Marriott." It returned so many that I had to keep shortening the date range until the hits didn't exceed the maximum that will show, and then I waded through about twenty before finding anything related to a conveyance. DC Points sales, ROFR docs, HOA foreclosures, stuff I had no idea what it was about ... I saw a whole bunch of things completely unrelated to why I was there!

Be warned, the next time I think there's an answer to be found on that site, I'll be asking you to do it! :hi:

And about the errors you found? My first thought while reading was that somebody will be sent back to the drawing board when MVW puts eyes on your post.
 
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dioxide45

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I also only search for specific document type of "Notice". Otherwise you will see lots of foreclosure sales, deeds, mortgages and satisfactions. Probably hundreds of thousands of documents.
 

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Dioxide, thank you for posting this -- it's interesting that they are now breaking out the Ritz Carlton St. Thomas Suites from the RCC STT Villas because I know they used to combine them. I track this property and am happy to see it continue to being added to the Trust, but unsure of the significance of the now separate designation. It shouldn't matter, but I'm still curious.

Thanks again -- do you know the link to the 543K points that they added for RCC STT Villas? I'd like to see what intervals they added?

Best,

Greg
 

dioxide45

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Dioxide, thank you for posting this -- it's interesting that they are now breaking out the Ritz Carlton St. Thomas Suites from the RCC STT Villas because I know they used to combine them. I track this property and am happy to see it continue to being added to the Trust, but unsure of the significance of the now separate designation. It shouldn't matter, but I'm still curious.

Thanks again -- do you know the link to the 543K points that they added for RCC STT Villas? I'd like to see what intervals they added?

Best,

Greg
It is instrument# 20160362928
 

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It is instrument# 20160362928
Dixoide,

I missed your response the first time, thanks for the link -- I don't see any more conveyances in 2016 so they should be depositing soon.

Best,

Greg
 

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All this detail makes my head spin. I know it is good information and some of you are interested in it, but all I personally care about is a very general knowledge (an educated guess is fine for me) of which resorts are relatively easy or relatively hard to book with points, and I can get that by browsing the MVCI reservations website. Others can worry about the detailed numbers.
 

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All,

Marriott added weeks worth an additional 18.3M points to the Trust in late March.

I checked the properties I track, and they had only modest additions for Maui Ocean Club - Sequel and only two 3BR units. They added 19 intervals/57 weeks for Ritz STT.

From random flipping through the filings, it looked like it was mostly re-acquired product, between 200,000 - 500,000 per property. I did not see any inventory for the Big Island, but we should start to see that.

Best,

Greg
 
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The Monarch only has 122 units of which 12 are oceanfront and 1 is a oceanfront 3 br so it is easy to calculate the point value in the trust as a percent of total point value of the 122 units. Based on the math, 995K in the trust is less than 10% of the total points. Eyeballing the other HHI propertied and guesstimating based on size & points in the trust, less than 10% of Hilton Head is in the trust. Given HHI is seasonal, I would further guess that most of it is the off season inventory is not prime or shoulder. I point this out because it tells me MVCI is and will always be heavily dependant on enrolled Legacy owners for inventory in almost all locations outside of Vegas and Hawaii. As legacy owners sell, MVCI has to come up with a plan to get that inventory back for most of the other locations. I would not be surprised if we see a post 6/2010 resale enrollment offer not tied to DP point purchase at some point in the next few years.
 

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The Monarch only has 122 units of which 12 are oceanfront and 1 is a oceanfront 3 br so it is easy to calculate the point value in the trust as a percent of total point value of the 122 units. Based on the math, 995K in the trust is less than 10% of the total points. Eyeballing the other HHI propertied and guesstimating based on size & points in the trust, less than 10% of Hilton Head is in the trust. Given HHI is seasonal, I would further guess that most of it is the off season inventory is not prime or shoulder. I point this out because it tells me MVCI is and will always be heavily dependant on enrolled Legacy owners for inventory in almost all locations outside of Vegas and Hawaii. As legacy owners sell, MVCI has to come up with a plan to get that inventory back for most of the other locations. I would not be surprised if we see a post 6/2010 resale enrollment offer not tied to DP point purchase at some point in the next few years.

Using prime HHI inventory as the example, it's not necessary for Weeks Owners to enroll them in order for Marriott to be able to access them because Marriott can pull deposits from II to fulfill DC Points reservation requests. HHI Weeks are strong traders in II so that inventory bucket is already decent. Plus Marriott can exercise ROFR on most HHI inventory when it's resold, resulting in them acquiring inventory at comparatively lower prices and then conveying it to the DC Trust (rather than Marriott needing to offer enrollment of them to the resale buyers.)

It won't be a surprise if we continue to see various creative enrollment offers from Marriott, but I don't think that the future success of the DC is going to require that enrollment of post-2010 resales be made available.
 
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