How do I sell/retire my FSP stockholding membership?
Vested FSP stockholding members
may sell their FSP stock membership either directly to a buyer that they find on their own (in which case they need to register their request to transfer their stock
), or they may request that the pool support their efforts to sell the stock. See How does stock vesting work? Unvested FSP stockholding members
may request that the pool retire their stock membership.
To register your request to sell your FSP stock and seek placement on the For Sale list, which is first-come, first-served, simply click on the registration button at left and select the appropriate registration type. Your registration will alert our Membership Chairs who will validate your stock membership's vested percentage
and inform you of your choices.
IMPORTANT: The pool cannot guarantee that your membership will sell before April 30, which is the payment deadline for the annual operating fee.
- If the pool can sell your stock membership before April 30, then you will be paid the proceeds from sale of your stock in accordance with the stock vestment schedule
- If the pool is not able to sell your stock membership before April 30, then you must pay the annual operating fee in order to remain on the For Sale list until opening day, after which your annual operating fee payment will become non-refundable
Should you find a buyer for your stock, simply introduce them to our membership chair to effect the sale of your stock regardless of your place on the For Sale list.
Note: The pool does not charge any fee to sell or retire stock, but reserves all rights associated with accepting and honoring these methods of handling stock memberships in accordance with the Constitution and By-Laws of Fairfax Swimming Pool, Inc.
However, this self-service registration process will issue a 1¢ ($0.01) invoice - please ignore the invoice and do not process an online payment for it
You will receive confirmation of the sell/retire stock process via email.