Points will be deducted from the Use Year corresponding with your arrival date. If your arrival date is within your current Use Year, you may borrow points from the next Use Year to complete a Luxury Selection booking. A prepayment toward the next Use Year's Resort Dues will be required to borrow points. All reservations are subject to availability and made on a first-come, first-served basis. If you cancel a Diamond Luxury Exclusives reservation more than 90 days prior to check-in, you would lose 0% of points used for that reservation. If you cancel a Diamond Luxury Exclusives reservation between 89-60 days prior to check-in, you would lose 50% of points used for that reservation. If you cancel less than 59 days prior to check-in, you would lose 100% of points used for that reservation.