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What does a lifetime membership mean in regards to a martial arts contract

Norfolk, VA |

We signed up for a black belt contract for 4000.00 including finance charges etc. in 2011. We have paid over 2500.00 to date. However they went out of business last month and were evicted from their building. The contract does not mention anything about what would happen if the were not in business. The only thing it says is under the heading of CHANGES: Facilities, equipment, club location, studio name, hours, services and the Rules, Regulations and Conditions of Membership are subject to change, without notice, at the reasonable discretion of the "BUSINESS NAME", and the member agrees to accept such changes as a condition to receiving this agreement

Attorney Answers 1

Posted

Sad to say, Its meaningless if the promisor if such a provision is out of business. You MAY be able to take action if the shop reopens elsewhere.

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