Hideaway Swim Club Sell / Redemption Process

Please read through the entire document before submitting the Bond Redemption form.

ARTICLE III -- MEMBERSHIP CERTIFICATE HOLDERS  

E. A Certificate Holder desiring to sell their certificate must first offer it to the Club. The  Club shall have the option to purchase the certificate at the amount paid for the certificate  by the Certificate Holder at the time of purchase, less any dues and other charges owed  by the Certificate Holder to the Club. A Certificate Holder must give notice to the Club of the intent to sell no later than October 1st prior to the opening day of the upcoming season. If the certificate is offered for sale after October 1st, the Certificate Holder is responsible for paying membership dues for the upcoming season only. If the Club does  not exercise its option within ninety (90) days, the Certificate Holder shall have the right to sell his certificate to any person approved by the Club in accordance with its rules on membership, such transfer being subject to all dues and other charges owed by the  Certificate Holder to the Club. If the Club or Certificate Holder sells their certificate prior to opening day of the upcoming season, any dues paid for that season will be fully refunded. If the certificate is sold during the season, the Certificate Holder will receive a prorated refund for dues paid that season.  

At this time, Hideaway is not purchasing any bond certificates, and we are unable to help facilitate the sale of bonds. Our bond redemption list currently has over 50 bonds, and it may take a year or more to process redemptions in the order they were received.

If you would like to proceed in the bond redemption process, please fill out the application below.

BOND REDEMPTION FORM