8 min read
Planned exit at year 2 (the default) vs. early member-to-member transfer (after 12-month minimum hold). Mechanics, timing, fees.
Every RYDA LLC has two ways out. The default: a planned exit at the 2-year mark or 60K-mile cap, whichever comes first. RYDA collects three independent bids, qualifies any unsolicited offer with proof of funds + escrow, and the LLC votes 75% supermajority to confirm. A 5%+ competing qualified offer mid-vote pauses and resets the vote around the higher bid. Sale closes through escrow, proceeds distribute pro-rata to members within 14 days. The alternate path, available after a 12-month minimum hold: transfer your share directly to another verified RYDA member. RYDA handles the LLC paperwork (3% transfer fee). No marketplace, no auction, no public price ticker.
The full text of this article is in our editorial calendar and lands in the weeks ahead of Q3 launch. Until then, the intro above captures the shape of the answer. For an immediate response, the team is at support@ryda.pro.