Rewrite and Sign New Agreement
Our new account Rewrite and Sign Agreement feature allows members to seamlessly switch their account to a different membership type. This process involves rewriting the agreement and obtaining a new signature from the member. Below are the detailed steps and options available during this process.
Key Features
- Switch Membership Types: Easily transition members to a different membership plan.
- Rewrite Agreements: Create a new agreement reflecting the updated membership terms.
- Signature Collection: Obtain a fresh signature on the newly rewritten agreement.
Options for Scheduled Payments
When switching memberships, you have the flexibility to choose how scheduled payments are managed according to your preferences.
You can either keep the original membership’s or adopt the new membership’s scheduled payments.
Down Payment Options
You can choose whether or not to include each amount that makes up the new down payment during the membership switch.
Add Additional Members: Access the member's account and add all new additional members by clicking ‘ADD MEMBER’ (Active Members), 'BACK TO ACCOUNT' (upper right).
Initiate Membership Change: Once all members are added, click ‘EDIT’ (Overview), to access the options to switch memberships.
'Select a New Membership': Choose the desired new membership plan for the member from those available in the drop-down and scroll down to select 'REWRITE & SIGN AGREEMENT' or 'REWRITE ACCOUNT'.
Rewrite and Sign Agreement
- Purpose: This involves creating a new membership agreement and obtaining a fresh signature from the member. It ensures that the member acknowledges and agrees to the updated terms.
- Use Case: Ideal when significant changes are made to the membership terms, requiring explicit consent from the member.
Rewrite Account
- Purpose: This involves updating the membership agreement without requiring a new signature. This agreement can be signed at a later time or used for minor adjustments that do not alter the core terms of the agreement.
- Use Case: Suitable for administrative updates or corrections that do not impact the member's obligations or benefits significantly.
Options for Scheduled Payments
When switching memberships, you can preserve the existing Recurring, Add-on, and PT Payments schedule or adopt the new ones
Down Payment Options
Check specific items to charge for at time of Rewrite
- Sign Agreement: Generate a new agreement reflecting changes in membership type, scheduled payments, and down payment terms.
Obtain Member Signature(s): Present the rewritten agreement for the member's signature, ensuring compliance and acknowledgment of new terms.
- Finalize Changes: Click 'SAVE' on signed agreement to finalize the transition and ensure smooth continuity of services and payments.
Congratulations, you've done it! 🎉
Special Note *New tags are not created at this time and old tags are not removed
Click 'Show Agreement History' button in Account Agreement to expand display for all signed past agreements and 'Show Current Agreement' to collapse back to current agreement only.
