Parties
Identify the legal entity operating the Loft Club and the member by full legal name and business or personal capacity, including contact information and billing address.
A clear written agreement reduces ambiguity about fees, access, and responsibilities, sets expectations for member conduct, and provides legal remedies for breaches.
Identify the legal entity operating the Loft Club and the member by full legal name and business or personal capacity, including contact information and billing address.
State the agreement start date, initial term length, renewal mechanics (automatic or affirmative), notice periods for nonrenewal, and any prorated fee rules for partial periods.
Specify membership fees, due dates, accepted payment methods, late-payment penalties, refunds policy, and any taxes or assessments pass-through to the member.
Describe facilities and services included, guest policies, operating hours, reservation rules, and responsibilities for damage or misuse of equipment and space.
Define how member data will be collected, used, stored, and shared; include a data-privacy addendum where HIPAA, state privacy law, or payment data rules apply.
Outline termination for cause, cure periods, refunds on termination, indemnity clauses, limitation of liability, and dispute-resolution method such as arbitration or court forum.
| Field | Configuration |
|---|---|
| Authentication Method | Email link plus optional SMS code or KBA for higher assurance |
| Template Use | Create a reusable template with placeholders for member-specific data |
| Signature Order | Set sequential or parallel signer order depending on approval needs |
| Storage Location | Save signed PDF to secured cloud folder with version history |
Confirm the signing platform supports required formats, authentication, and integration endpoints before sending agreements.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
A regional co-working operator standardized membership contracts to reduce onboarding time and disputes.
A boutique fitness loft implemented tiered memberships with automated renewals and eSign.
Operators, administrative staff, and legal teams prepare membership agreements; members and authorized representatives sign them.
Third-party managers and payment processors may also interact with the agreement for billing, recordkeeping, or compliance purposes.
Provide written renewal notice 30 days before automatic renewal
Fees due on invoice date or as stated in payment terms
Provide W-9 to payers upon request to avoid backup withholding
Respond to member records requests within a reasonable timeframe
Retain signed agreements to satisfy audits and requests within 30 days