Equity Estates
Resignation and Redemption

Ultimately, Equity Estates plans to own between 43 and 50 properties around the world, each in the $3 million range.

In 2021, the club will begin to sell the properties within the portfolio and repay members the initial capital contributions paid to join the club, plus a portion of the additional proceeds.

"We have a five year window to liquidate some or all of the fund's real estate holdings," said President and Co-Founder Adam Capes. "We expect a normal selling market, but if we are in another real estate downturn, the five year window allows us to wait for real estate to recover. Likewise, if we see a bubble in 2019 or 2020, we have a fiduciary responsibility to our business partners and could contact our members about the opportunity."

For members who elect to resign their membership prior to the planned 2021 liquidation date, members are eligible for redemption after 24 months with the club. When a member elects to resign their membership, they receive 92.5% of the then current value of their membership. For every one new member that joins the club, one member will be redeemed from the club.

Half members looking to resign their membership prior to the 2021 liquidation date will also incur a $10,000 non-refundable administration fee.

In addition, Equity Estates also publishes that "a bank will provide a loan to qualified investors and take the membership interest as collateral, similar to a mortgage on your home."

To learn about the other resignation policies used throughout the destination club industry or to be put in contact with an Equity Estates' representative, request a free copy of our Destination Club Guide.