Leasing Memberships

The decision to lease your membership is between October 1 – February 28

Guidelines
  • Members must coordinate the lease of their membership through the IPPA Board.
  • Leases are offered to the waitlist in order of position.
  • Leasing directly is not permitted nor will be recognized as a valid lease.
  • Members are permitted to lease their memberships for an entire season only.
  • Monthly or partial periods of time are not permitted.
  • If a membership is leased, the privileges of pool access are given to the lessee and the member may not access the pool during the season.
  • Leased memberships may not be transferred during the lease term.
  • Lease agreements must be executed prior to April 1 of the pool season.
  • Failure to notify the Board or have a Lease Agreement executed will render any lease void and may result in the suspension of the membership privileges for the pool season.
Process
  • The cost to lease your membership is a $100 admin fee.
  • The cost to  the lessee is an additional $100 admin fee + the $525 annual maintenance dues.
  • The member is responsible for paying the annual dues + $200 in admin fees to Silverleaf Management.
  • The IPPA will notify a lessor when they are paired with a waitlist lessee.
  • Lease fees are payable to the member/lessor upon execution of the lease agreement.