Becoming a member
Golf La Moraleja functions by means of nominative shares and, in order to become a member, a private purchase agreement must be reached with a member wishing to sell the share, inasmuch as the shareholding quota has been full for several years.
Lists are available at the Club reception with the names and phone numbers of shareholders who have expressed their intention to sell. A copy of the list can be requested via the following e-mail address:
Once an agreement has been reached with a potential vendor, permission must be obtained from the Club’s Board of Directors in order to formalize the contract, inasmuch as these shares are syndicated and, in consequence, not freely transferable. This step fulfils the obligation established in Article 9 of the Company Statutes. Any transfer which does not comply with this requisite shall be considered nul and void and use of the facilities by the new owner shall be impeded.
The Board of Directors periodically approves purchasing requests. In order to obtain approval, the request presented by the buyer must be endorsed by two members of at least three years membership who do not have any connection with the vendor, together with a letter from the vendor to the Board in which the intention to sell the share is expressed, (including the number of the share to be sold) and the price agreed. Documents must be presented no later than two weeks prior to the Board Meeting.
Change of user