§ 5320 Membership Transfer Restrictions

• •You can't sell or give away your membership in this group unless the group's rules say you can.
• •If you die or the group ends, your membership rights go away.
• •You can't sell your membership for money, even if the group's rules allow transfers.
• •There's one exception: if it's a special kind of housing group, you might be able to sell your membership, but only if it follows certain housing rules.

You are part of a club that owns a building together, and you want to sell your spot in the club to someone else.

You can't sell your spot in the club for money, even if the club's rules say you can transfer it. If you die, your spot in the club doesn't go to your family—it just ends. But if your club is a special kind of housing club, you might be able to sell your spot, but only if you follow the housing rules.