> For the complete documentation index, see [llms.txt](https://docs.allocations.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.allocations.com/why-allocations/membership-transfers.md). # Membership Transfers Membership Transfers tracks positions moving from one holder to another. Open it to follow each transfer from request to completion. A transfer changes who holds an interest in a vehicle while the position stays the same, as in a secondary sale, an estate transfer, or a move into the holder's own entity. ![](https://content.gitbook.com/content/9IirLidzibYpEfSBave3/blobs/x4Erpmiya7pb3euTbjgz/Unknown%20image) 1. **Search** Finds a transfer by typing either member's name or email address. 2. **Refresh** Reloads the table so it reflects the latest transfers. 3. **Column headers** Sort the table by any of its six columns when selected. 4. **Status** Shows where the transfer stands: Pending, Approved, Completed, or Rejected. 5. **Existing Member and New Member** Name the holder giving up the interest and the holder receiving it. 6. **Blank New Member** Marks a rejected transfer, where the interest stays with its existing holder. 7. **Amount** Shows the value of the interest being moved between holders. 8. **Date** Shows the date the transfer was raised. ### Starting a transfer A transfer starts from the position being moved, and this screen then tracks it to completion. ### Four statuses * **Pending:** The transfer has been raised and is awaiting review. * **Approved:** The transfer has been approved and is being completed. * **Completed:** The transfer has settled and the interest now sits with the new holder. * **Rejected:** The transfer was declined and the interest stays with the original holder. > **Wait for Completed before telling either party the position has moved.** Approved means the transfer is authorized, and Completed means the holder has changed. ### Read both member columns together A transfer can move an interest between two individuals, from an individual to an entity, or from an entity to an individual. > Confirm with counsel that a transfer is permitted under the vehicle's operating agreement before you approve it. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.allocations.com/why-allocations/membership-transfers.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.