View Single Post
  #5  
Old September 14th 04, 08:59 PM
Mitty
external usenet poster
 
Posts: n/a
Default

On 9/13/04 5:48 PM, Geoffrey Barnes wrote the following:
Get full disclosure on all of the club's financial issues at the moment.

snip
All that he said, plus get and read the bylaws. Get and read the
insurance policy or policies. Get and read the tax return. Make sure
you understand what is required of you currency, dues, assessments,
etc. Find out how frequently the club has made assessments in the past.

Understand the reality of selling your membership: Club sells it? you
sell it? what price? what is the average marketing period? etc.

Clubs are a great thing but you are entering into a significant legal
relationship and need to know the details of it.