STANDARDS FOR MEMBERSHIP

REQUIREMENTS :

(1) Ethics:

Your word is your bond. Unlike many in the outside world, Players Club members are required to stand by their commitments. This ethical standard is the basis for some of the greatest achievements in history. When violated, it has been the cause of many of the worlds greatest calamities. We regard each Players Club member as having the courage, insight and perseverance to carry this standard not only as a pledge to other members, but to any and everyone he or she does business with. As a Players Club applicant, you give your word to each existing member, that the information submitted on your application to join is truthful and complete. You give your word to each existing member that in future discussions or transactions with fellow members, you are a person who can be trusted to act in the highest ethical manner. As a Players Club member you give your word to each existing member, that you will hold these standards for membership to be your personal standards of behavior as long as you remain a member. As a Players Club member you must set the example to all around you. Do not give your word carelessly or lightly. Any single violation of this precept is grounds for ejection from and cancellation of your membership in the club.

(2) Confidentiality:

All discussions regarding current investment techniques, details about ongoing deals or completed deals, either on the Players Club news group, through E-mail or in person with other members are considered private and confidential and to be kept within the membership. In addition, each member shall closely guard and keep confidential his or her private Players Club membership "password". This standard of confidentiality is the same as one would find in any partnership or private association. Any and all information meeting this criteria and passed between members or to the group as a whole shall fall under this standard. Any single violation of this precept is grounds for ejection from and cancellation of your membership in the club.

(3) Experience:

Membership to the Players Club assumes each member has more than a basic understanding of real estate, paper or mobile home investing. As such, every member, as a condition of acceptance into membership, must prove to the satisfaction of the founders, that he or she has successfully completed at least one real estate, paper or mobile home investment, while acting as a principal, other than his or her own personal residence. Proof may be in the form of submitted copies of any or all of the following documents;

(a) Recorded deed of ownership
(b) Recorded contract of sale or purchase
(c) Closing documents from a reliable escrow company or escrow attorney
(d) Notarized documents showing a completed assignment.

All documents submitted will be returned to the applicant in the event membership is denied. Supporting documents from those accepted for membership will be kept confidential.

NOTE : This requirement may be waved under special curcumstances (contact office).

(4) Reporting Requirement:

Any and all transactions completed as a result of interaction between Players Club members must be reported to the club headquarters. We are not asking for personal information here, only numbers to use as leverage in the financing community. A completed transaction report is necessary for three (3) reasons:

(a) To determine that networking within the membership has enhanced a member's ability to locate deals, resources or strategies that enabled him or her to profit from membership in the Players Club.
(b) To keep records and report the gross dollar profit for the club as a whole. This information empowers the group to attract outside financing and investment sources to provide money at better terms and in amounts necessary for club members to do more deals and/or larger deals.
(c) To identify those members that need additional assistance or training to improve their knowledge, ability and skills. As a group, we are only as strong as our weakest member.

All transaction reports shall be kept confidential by club headquarters. An overview of the clubs activities, overall membership progress and a summary of completed deals shall be published to the membership quarterly. This standard benefits all members as a group. Any single violation of this precept is grounds for ejection from and cancellation of your membership in the club.

(5) Membership Dues:

Annual membership dues are $350.00, payable in total at the time of application for initial membership and upon each renewal date, one year from the date membership is approved. Any applicant denied membership, shall receive a refund of the annual dues submitted by return mail.

 


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