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[quote=JohnES]Years ago we did something similar for dirt bike riding...  we got some land in Acton, CA for a MX practice track etc....

We knew the owner, but we still had to enter into a lease agreement where he stipulated our club as the operator of the land...  In legal terms the word operator means you the one getting sued when something happens and they have no exposure.

Incorporate and IRS filing...  make yourselves a 501 (c)(7) non-profit social club.  You'll also need this for the insurance.

Get insurance...  you will be the operator of the land therefore the liability falls on your or the club's shoulders...  I would go for a $1.0M liability you would be surprised how cheap it is...  Also, check with USA sailing for Burgee Insurance

Make sure there are no environmental barriers or impact studies needed...

After that you should be good to go.....

All in all there were 20 of us paying $25.00 monthly... about $6K a year...   This enabled us to pay the rent, insurance, put a picnic area,  a porta potty (believe it or not and insurance requirement), use the water/irrigation system, and bring in a tractor once in a while to clean things (owned by one of the members).[/quote]

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