Westin Kierland ROFR ?

[SteelerGal]

I just got an update from the escrow agent Vistana has waived the ROFR. So either it doesn't exist or it didnt meet their price Point. I called Vistana a couple of days ago to inquire about ROFR. They say they have it on all the properties despite what Ive read on here. He also said if was above $6000 i should be ok. Again this was for a 1 bedroom premium...platinum at WKV. Just an fyi

I wonder if these are MVC reps who have taken Vistana accounts as well.

 

[dioxide45]

I just got an update from the escrow agent Vistana has waived the ROFR. So either it doesn't exist or it didnt meet their price Point. I called Vistana a couple of days ago to inquire about ROFR. They say they have it on all the properties despite what Ive read on here. He also said if was above $6000 i should be ok. Again this was for a 1 bedroom premium...platinum at WKV. Just an fyi

I wouldn't expect a phone rep to understand ROFR.

 

[JohnPaul]

I was told the same thing by my agent during contract and closing of SVV Key West this week. I think he just put it out there Without fully knowing. I questioned him and He said it was there but he has never seen it be exercised at SVV. I could have sworn I read it in the documentation on owner services today that there was none. I’ll have to circle back around on that.

I bought SVV Key West about a year ago (for $465) and there was no ROFR.

 

[dherring]

Page 37, 11.4.4 of the of the Declaration of Covenants, Conditions and Restrictions clearly states there is no ROFR. It would take 67% of owners to vote to amend the docs, and would take years to collect the necessary votes.