DVC Sales Deposit Process & Deadline: What Buyers Must Know
After your offer has been accepted and both parties have signed the purchase agreement, the next essential step in the DVC Sales deposit process is submitting your payment. This 10% deposit, due within 24 hours of signing, is what officially secures your contract and shows your commitment to moving forward. Acting quickly ensures a smooth experience and protects your position in the transaction.
How Much Is the Deposit?
Per the terms of the DVC Sales agreement, buyers must submit 10% of the purchase price, with a minimum of $1,000, within 24 hours of the contract being fully signed. For example:
- If your purchase is $18,000, your deposit would be $1,800.
- If you're purchasing a lower-cost contract, the $1,000 minimum applies.
Failing to submit your deposit by the deadline may result in the seller canceling the contract and moving on to another buyer.
How the Deposit Is Handled
Your deposit is held securely in escrow by a licensed, third-party title company. The specific title company depends on the resort you're purchasing from, and each may offer different payment methods:
- Some allow full payment via credit card
- Others may require a wire transfer or ACH for larger amounts
Shortly after the agreement is signed, you'll receive a secure email from the title company containing your payment instructions and a direct link to complete the transaction. Additionally, you can find this payment link in your DVC Sales Dashboard under the “My Agreements” section.
What Happens After You Pay?
Once your payment is received:
- The title company confirms receipt
- Your DVC Sales dashboard is updated automatically
- No need to manually contact DVC Sales about payment confirmation
Your deposit is then applied directly toward your final closing balance.
In the rare case that Disney exercises its Right of First Refusal (ROFR) or the sale is canceled for reasons not caused by the buyer, your deposit is refunded in full. For more insights into Disney’s ROFR and how it affects buyers, you can explore our page on Resale Restrictions.
Why Prompt Payment Matters
Submitting your deposit on time not only locks in your purchase but also keeps the transaction on track for a timely closing. Payment delays can slow down the resale process or risk losing the contract altogether. If you’re looking for more information about the costs involved in a DVC resale, visit our guide on the Cost to Sell DVC.