|
Kahler Glen Athletic Club Membership Resale Agreement
Any Charter or General member, who is current in the payment of all KGAC dues, fees, and charges, may transfer his or her membership by sale or gift to a person exclusive of a corporation, trust, or other artificial entity. If the purchase is by sale, it shall be subject to the approval of the Board of Directors of the KGAC, and shall not be valid until the new transferee completes the registration process and pays an administrative fee of $300.00. Until the transfer has been consummated as herein provided, the transferor shall remain liable for all KGAC dues and charges. A transfer by gift to a spouse, partner, son, or daughter, or other party, shall not be effective until the Board of Directors has approved the transferee for ownership. The transfer or must be current in the payment of all KGAC dues, transfer fees, and charges, and the new transferee must complete the registration process prior to approving the transfer.
Resale Agreement Terms
Transferor _________________________________
Transferee _________________________________
Type of Membership _________________________________ (General or Charter)
Membership Number _________________________________
Sale Price _________________________________
Date of Transfer _________________________________
Resale Requirements for Seller & Purchaser
The Seller must provide the following to receive KGAC Board resale authorization.
1. Pay the fee for listing their membership in the Resale Program.
2. Pay equity balance in full plus all applicable prorated dues & fees in advance of the transfer date.
Accepted By: ____________________________________ Date ______________________
(Seller-Transferor)
The Buyer must complete the following to receive KGAC Board resale authorization.
1. Sign and Date the Kahler Glen Athletic Club Ownership Agreement, and Resale Transfer Agreement (below)
2. Provide current home address, phone #, plus email address for KGAC communications
3. Sign and date the transfer agreement and provide payment of KGAC administrative transfer fee ($300.00)
Accepted By: ____________________________________ Date _____________________
(Purchaser-Transferee)
Name _______________________________________________________
Address _______________________________________________________
Email _______________________________________________________
Phone _______________________________________________________
KGAC Final Approval of Sale Agreement
Administrative Fee
KGAC Approval KG Representative ___________________ Date _____________________
President or Treasurer _________________ Date _____________________
Fax to 509-763-5030 or send to KGAC – 20625 Haight Drive, Leavenworth, WA. 98826
|