Need to Lease or Sell your MHC Membership Share? 
Below are your options
(new Shareholders see Tips and Tricks at the bottom of the page)

In order to be eligible to sell or lease your share under Option's  1, 2, or 3 below your Membership Share must be in good standing. Our bylaws indicate that In Good Standing is a condition enjoyed by a Member who has paid all dues and special payments, as required, by 15 March, or who has paid all dues, special payments, as required, and a penalty fee after 15 March. Being a shareholder of MHC, annual dues payments are payable by each Shareholder until such time as their Certificate of Membership is sold.

WHAT STOPS A SHARE FROM BEING SOLD BY MCH OR IN A PRIVATE SALE: 
A Certificate of Membership cannot be sold by MHC or privately by a Shareholder if that Shareholders account is considered 'not in good standing', meaning there are any open invoices on their account. If Annual Dues have not been paid on the account or there are any outstanding balance(s) owed, the sale cannot take place, and all online transfers for private sales of certificates would not be denied if applied for online.  

Option 1. Selling your Certificate of Membership* i.e. your share:
If you’re wanting to sell your membership you will need to let us know in an official email to our Membership Chair (membership@mansionhouseclub.com), your Certificate of Membership will be added to the list of Certificates to be sold. Annual dues payments are payable by each Shareholder until such time as their Certificate of Membership is sold.

Option 2. Leasing to another:
While you’re waiting for your Certificate of Membership to be sold, you can also request that your Certificate be placed on the list to lease for the season. What this means is that you (the Shareholder) will not pay annual dues for the current year your share is being leased out, instead the person leasing your certificate will be taking on that responsibility for the year that they are leasing. Your share will be used/leased for one year then placed back on the list to possibly lease or sell the next year.  

Option 3. Private Sale:
You can choose to sell your Certificate of Membership privately to a person wishing to join MHC as a full Shareholder, the price set is between you and the buyer. The purchaser would then go on our website here and pay the Transfer fee, Annual dues (prorated if applicable), and processing fee.

WHAT STOPS A SHARE FROM BEING SOLD BY MCH OR IN A PRIVATE SALE:
A Certificate of Membership cannot be sold by MHC or privately by a Shareholder if that Shareholders account is considered 'not in good standing', meaning there are any open invoices on their account. If Annual Dues have not been paid on the account or there are any outstanding balance(s) owed, the sale cannot take place. 

Tips and Tricks:
If you are a Shareholder and you are thinking of adding your share to the lease list or if you are planning on selling your share. The best time to do this is at the end of the season. But... YOU MUST COMMUNICATE BY EMAIL AND LET MEMBERSHIP KNOW THIS (this is the only way to be added to the list). Be Pro-Active! Do not wait until 15 March when the Annual Dues are upon you to let Membership know, remember there are no guarantees there will be someone to lease or sell your Share to, but the more time Membership has to work on it the better!   

*Each full Shareholder was required when joining the purchase of a certificate of share. When a Shareholder decides to stop being a Shareholder this amount will be refunded less the administrative fee upon the sale of their certificate of share by Mansion House Club. 

If the Shareholder decides to sell their share in a private sale on their own, the buyer is responsible for the $55 online transfer fee involved in the sale of the certificate of share. The Shareholder upon selling the share to another will not receive any certificate of share money from Mansion House Club since it was a private transaction.