- Joined
- May 20, 2006
- Messages
- 56,332
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- Location
- NE Florida
- Resorts Owned
- Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
I recall the teeth gnashing a while ago on this where there was dispute with the term "CWA Trust" being used. Then it did come about that it is called the "ClubWyndam Access Vacation Ownership Plan Trust". Just about as close to "CWA Trust" as one can get.Really?? That two-line except you cropped in the middle of a sentence demonstrates that Wyndham Vacation Ownership owns the deeds in CWA? When earlier on the same page I posted a larger excerpt that contains the full sentence that finishes by saying that the real estate interests owned by WVR are then deeded to the CWA trust. The CWA trust owns the deeds.
View attachment 118823
Edited to add: I would suspect many UDI are setup in a similar way. CWA is really just a large UDI. But those properties with their own UDI likely have a land trust setup either in the state where the property is or in Delaware. I believe resort UDIs are deeded though. Can someone who owns a resort specific UDI check their deed to see what county it is recorded in and what the name of the trust is?
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