Share Ownership?

[Bohms4]

If my sister and I wanted to buy into this together, could we? We were thinking about buying 350 points and getting a grand villa each time we go for our families. Would this work? Would we need more points? We're just starting to look into this....
Thanks!

[mprewitt]

Just remember the gotchas:

If you or your sister were to declare bankrupcy, your DVC membership might have to be sold,
If you or your sister died, their portion would not go to whoever they willed it to, but to the surviving ownerThere are a few things to consider, but otherwise, you can do it.

[Horizon93]

If a grand villa is your goal, you need to consider buying more points than 350. Even in the least expensive season, that would not be quite enough for a three bedroom.

Good luck with your decision. We are very happy with ours!

[MinnieMommie]

Check out the DVC point charts and see which DVCs have grand villas. Then check out the seasonal and day of week differences as to how many points are needed per day. When, where and how long you expect to stay will deretmine the amount of points to consider purchasing. :mickey:

[Boston5602]

You and your sister could always buy 175 points each and use both sets of points to book a grand villa or sometime in the future you would both be able to book your own vacation or sell off your own contract.

You may vacation all the time now but what about 30 years from now?

[Maleficent's Dad]

This was a recent topic in this post (http://www.intercot.com/discussion/showthread.php?t=108936).

Good luck with your decision. :mickey:

[CarolMN]

Just remember the gotchas:......
If you or your sister died, their portion would not go to whoever they willed it to, but to the surviving owner......That's not necessarily true. You're describing joint owership with rights of survivorship. There are other ways to title the property. Anyone interested in joint ownership of property (or a right to use lease, LOL) should consult an attorney.