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The document explains key terms and governance concepts, including annual dues, association ownership structures, banking and borrowing vacation points across Use Years, breakage and holding periods, and definitions of member status, identification, and the role of the DVC operator. It also clarifies priority periods and reservation components for eligible resorts.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/home-resort-rules-and-regulations-august-2021/571225/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/home-resort-rules-and-regulations-august-2021/571225.png","ImageObject",442,249,{"name":88,"@type":89},"I feel Different","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-27","2026-10-13",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",8,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What is the Home Resort Reservation Component?","Question",{"text":109,"@type":110},"It is the Club’s central reservation system component that allows Vacation Homes to be reserved using Home Resort Vacation Points, following the priorities, restrictions, and limitations set by the Club and each resort.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How do banking and borrowing work for Vacation Points?",{"text":114,"@type":110},"Banking defers use of Home Resort Vacation Points from the current Use Year into the next Use Year. 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The DVC Operator (defined below) may amend these Rules and Regulations from time to time, as it determines necessary in its discretion.  \nI. DEFINITIONS  \n1. Annual Dues shall mean that portion of the operating budget for a Club Member’s Home Resort that has been assessed against that individual Club Member’s Ownership Interest together with the Club Member’s proportionate share of the ad valorem taxes for the Ownership Interest.  \n2. Association shall mean the owners’ association for each DVC Resort.  \n3.  Banking shall mean the act of a Club Member in deferring the use of all or a portion of the Club Member’s Home Resort Vacation Points from the current Use Year into the next succeeding Use Year.  \n4.  Borrowing shall mean the act of a Club Member in using all or a portion of the Club Member’s Home Resort Vacation Points from the next succeeding Use Year for the purpose of making a reservation in the immediately preceding Use Year.  \n5.  Breakage shall mean those Use Days which have not been reserved by Club Members prior to the commencement of the Breakage Period, the use of which may only be reserved by Club Members pursuant to the priorities set forth in these Rules and Regulations.  \n6.  Breakage Period shall mean the sixty (60) day period preceding a given Use Day, including the Holding Period.  \n7.  Club or Disney Vacation Club shall mean the Disney Vacation Club. The Club is not a legal entity or association of any kind, but rather is a service name for the services and benefits appurtenant to and the restrictions imposed upon the use and enjoyment of Ownership Interests. These services presently include, among other things, the operation of a central reservation system consisting of the Home Resort Reservation Component and the DVC Reservation Component.  \n8.  Club Member or Member shall mean the owner of record of an Ownership Interest.  \n9.  DVC Membership Identification shall mean the Disney Vacation Club Membership Card, digital DVC Membership Identification, or any other types of identification issued to each Club Member named on the deed of an Ownership Interest.  \n10. DVC Operator shall mean the entity responsible for operating the Home Resort Reservation Component for each DVC Resort and shall mean, as applicable, either Disney Vacation Club Management, LLC, a Florida limited liability company, its successors and assigns, formerly known as Disney Vacation Club Management Corp., a Florida corporation, or Disney Vacation Club Hawaii Management Company, LLC, a Florida limited liability company, its successors and assigns.  \n11. DVC Reservation Component shall mean the exchange component of the Club central reservation system through which Vacation Homes in any DVC Resort may be reserved using DVC Vacation Points.  \n12. DVC Resort shall mean each Disney Vacation Club Resort, including the Club Member’s Home Resort, in which eligible Club Members are entitled to access and use the DVC Reservation Component and other applicable Club services and benefits.  \n13. DVC Vacation Points shall mean Vacation Points used by a Club Member to make a reservation through the DVC Reservation Component at a DVC Resort.  \n14. DVD shall mean Disney Vacation Development, Inc.  \n15. External Exchange Documents shall mean all information provided to Club Members, from time to time, regarding the operation of any External Exchange Program.  \n©Disney 1  \n16. External Exchange Program shall mean the contractual arrangement between or among DVC Operator, an Association, or individual Club Members and an external exchange company or companies under which Club Members","cbCaipj5xNA2d3AN","https://ap.wps.com/l/cbCaipj5xNA2d3AN","pdf",194788,"English","# Definitions\n## Key terms and components\n## Banking, borrowing, and reservation timing\n## Members, points, and operator roles","[{\"question\":\"What is the Home Resort Reservation Component?\",\"answer\":\"It is the Club’s central reservation system component that allows Vacation Homes to be reserved using Home Resort Vacation Points, following the priorities, restrictions, and limitations set by the Club and each resort.\"},{\"question\":\"How do banking and borrowing work for Vacation Points?\",\"answer\":\"Banking defers use of Home Resort Vacation Points from the current Use Year into the next Use Year. Borrowing uses Vacation Points from the next succeeding Use Year to make a reservation in the immediately preceding Use Year.\"},{\"question\":\"What does “breakage” mean in these rules?\",\"answer\":\"Breakage refers to Use Days that were not reserved by Club Members before the Breakage Period begins, and which can only be reserved according to the priority framework in the Rules and Regulations.\"}]","Home Resort Rules and Regulations - August 2021 | PDF",1791904986,6]