How do I transfer my Personal Seat License to someone else?
Transferring ownership of your Personal Seat License is done through the Kentucky Derby Personal Seat License Marketplace. The Marketplace provides a quick and convenient online transfer process called Private Transfers. Simply click on Private Transfers in the main tool bar and choose which type of transfer fits your needs. The transfer must be initiated by the Current Owner.
Should I transfer my Personal Seat License through a Private Transfer?
A Private Transfer is a transfer of ownership of Personal Seat License to a friend, family member or someone you already know and trust. Examples of situations appropriate for Private Transfers include: transferring ownership to a friend, family member or coworker you trust; transferring ownership through a will or estate; or transferring ownership due to a divorce. The fee for a Private Transfer is $200 and is paid by the New Owner.
Should I transfer my Personal Seat License through a Private Sale Transfer?
A Private Sale Transfer is a transfer of ownership of a Personal Seat License arising from a sale arranged privately or through a third-party service or advertisement. If a Current Owner has sold a Personal Seat License to someone they may not know, transferring ownership through a Private Sale Transfer guarantees both parties a safe and secure transaction and eliminates all risk to either party. In a Private Sale Transfer, the Marketplace will hold the New Owner’s (Buyer’s) money until the transfer is approved by the Premium Seating Services Office. Once the transfer is approved by the Premium Seating Services Office, the Current Owner (Seller) will receive the funds. The fee for a Private Sale Transfer is 5% of the cash sale price and is paid by the New Owner (Buyer).
What is the Private Transfer process?
To read about the private transfer process, click here- How To Transfer