What is a CSCSC Membership?
A Cape St. Claire Swim Club (CSCSC) membership consists of named family members residing at a single address. Each member family owns a portion of the club, entitling them to voting and other rights and benefits. A CSCSC membership is an asset that has historically appreciated in value. In addition to any one-time purchase cost, members must pay annual club dues and other fees. Members are not required to be Cape St. Claire residents.
Generally, a few families sell their memberships each year. It is also possible to lease a membership for a one-year period (summer season).
Finding a Membership to Purchase
CSCSC memberships have increasingly been in high demand. There are two ways families usually find a seller:
- Most sales are between families that are existing friends or have connected via posts made directly on one of the community Facebook groups.
- CSCSC provides an electronic Membership Marketplace forum for connecting families that want to buy, lease, or sell. Scroll to the bottom of this page for more information.
In the case of a private transfer, buyer and seller will need to privately negotiate any terms and a sale price before moving forward with the purchase process. The buyer will also be responsible for the membership transfer fee, payable to CSCSC online via Member Splash once their membership has been approved.
If a member requests that the club assist with the sale of their membership on their behalf, or in the event of expulsion from the club, the board will work to transfer the membership to a buyer for exactly the published membership fee. In a club-facilitated sale, the transfer fee is larger, and will be deducted from the amount of the membership fee that will be returned to the terminating member via a check. Any outstanding dues, fees, or other financial obligations to the club will also be deducted from the amount that will be returned to the terminating member.
If the transfer is completed before April 1st of the current calendar year, the new member will be responsible for paying annual dues.
All membership transfers are subject to approval by the CSCSC Board of Governors, and are not final until all fees have been paid.
CSCSC Membership Purchase Process
Once buying and selling parties have connected, follow these steps:
1. Review and understand the CSCSC Bylaws and Rules and Regulations
Read the Bylaws and Rules and Regulations and understand your responsibilities as seller and potential member.
2. Complete and Submit an Application
Download and complete the Membership Transfer Application.
The applicant family must obtain a written recommendation from a current member in good standing who is not the seller or terminating member.
In the case of a private transfer, the existing member seller must be in good standing, and all sale terms between the member and applicant must be negotiated privately before a transfer application is submitted. The buyer will also be responsible for the membership transfer fee, payable to CSCSC online via Member Splash once their membership has been approved.
Submit the completed, signed application and recommendation to membership@capeswim.org.
4. Receive Approval and Submit Fee Payment
The CSCSC Board of Governors must review and approve the membership transfer. The board meets monthly, but we try to expedite approvals when possible. Please wait for a board member to notify you by email about the status of your application.
Upon board approval, the buyer will receive access to a Member Splash account (our secure account management vendor).
In the case of a private transfer, the buyer must then submit the membership transfer fee through Member Splash to complete the transaction.
For club-facilitated transfers, the membership transfer fee will be deducted from the amount of the membership fee that will be returned to the terminating member via a check. Any outstanding dues, fees, or other financial obligations to the club will also be deducted from the amount that will be returned to the terminating member.
If the transfer was completed before April 1st of the current calendar year, the new member will be responsible for paying annual dues.
4. Enjoy!
Once the transfer is approved and fees and any dues are paid, you may immediately begin taking advantage of your CSCSC membership!
Have Questions?
Contact the CSCSC Membership Chairperson at membership@capeswim.org.
CSCSC Membership Marketplace
Submit the following form to publicly publicly post your interest in selling or purchasing a CSCSC membership. Posts will appear on the spreadsheet at the bottom of this page. Connect with someone who has posted by reviewing the spreadsheet and contacting that individual. The Membership Chairperson will direct inquiries to the next relevant name on the list.
To update your status on this Marketplace, contact membership@capeswim.org.