Disney Vacation Club will step in as the buyer according to the submitted resale contract and written notification will be sent to the parties designated on the resale contract.
The Member will receive closing documents and instructions on the requirements for closing the transaction. Disney Vacation Club will handle the closing and disburse funds accordingly.
All the terms and conditions of the resale contract remain the same including the closing date. (The review of the resale contract for a determination of Right of First Refusal takes at least 30 days.)
If the original terms and conditions in the submitted contract for sale include a commission to a licensed real estate broker, the commission will be listed on the settlement statement and paid accordingly.