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DVC Contract Information Blog

October 31, 2018

Once a DVC contract has been duly signed, and the deposit received, closing takes between 45-60 days. We will keep in touch with you so that you know where we are in the process. The paperwork, once executed by both buyer and seller, then goes to Disney. They have 30 days to decide if they would like to repurchase it for that agreed upon price or allow the sale to go through. This process is called the Right of First Refusal (ROFR). This process has little bearing on the seller. Due to the fact, the seller will receive the agreed upon price, regardless of who is purchasing the contract. The buyer, however, will need to find another contract to acquire.