I was fortunate enough to catch this thread right at the beginning. I don't have specific dates, but we started the process of deed back in late March. While we wanted to get this done as soon as possible, it was complicated by the fact that we had booked a week in Kenmore Club (Scotland) for the first week in July, and wanted to keep at least that ( As background I should say that we are former ILX members who were 'taken over ' by DRI and saw massive increases in MF over several years. At the start of 2015 we were actually 8500 points ahead of the game because we had carried over points from last year. I was prepare to leave 8500 points ' on the table ' in a deed back, but not 17000 i.e. 2 years worth)
So to continue with the story. We received paperwork back very quickly with a specified deadline of April 15. I called DRI and asked if we could use our week in July and still avail ourselves of the deed back after our holiday was completed. I was told that that would 'probably' be ok, and that a note would be put on my file to indicate the plan
So the day before we left for Scotland I mailed the notarized documents to DRI. The tracked package arrived in their hands on July 6. When we returned from holiday in mid July the $250 cheque still had not been cashed, but that did go through about a week later, giving me hope that everything would be ok. My account with DRI, however was (and is) still active. Finally, on July 13, I sent an email to them requesting a status report. They emailed back the same day indicating that the deed I submitted was recorded on July 21 and that we were 'in the process of being cancelled out of their system'.
So, I'm still waiting to see the 'No Access' message when I go to login, but I can only be hopeful that all has now gone through, and that we are clear of this thing.
Just another couple of points:
We are Canadian (own(ed) the Premier vacation collection with resorts like Los Abrigados, Kohl's Ranch etc. had the Connection option which is like The Club light. MF last year were over $1700). For other Canadian owners - make sure that you not only get your documents notarized by a notary public in your local area, but also authenticated. For this you will need to send the docs to Foreign Affairs Canada (international.gc.ca) and include their EXT 2165 form available on the website. This is the Canadian equivalent of an apostille and the deed transfer will not be accepted without it.
Second point is that for Canadian owners the MF this year for ownership of this kind would be absolutely crushing. I am guessing that our MF this year would be $1900 U.S. Which translates to approximately $2750 CDN or, put another way, $390 per night for a 7 night stay in a DRI single bedroom or studio apartment! I think I'll just book a room in a downtown Four Seasons instead!
Last thing is to say how pleased, and surprised I am that DRI continues (apparently) to accept these deed backs. I wonder how long it will last??
