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#3
September 14th 04, 09:59 PM
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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. 
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