A Private Sale is a transfer of ownership of a Charter Seat License arising from a sale arranged privately or through a third-party. If a Current Owner has sold his/her Charter Seat License to someone he/she may not know, transferring ownership through a Private Sale Transfer is the most secure method. In a Private Sale Transfer, the San Francisco Giants Seat License Marketplace will hold the New Owner’s (Buyer) money in escrow until the transfer is approved by the ticket office. Once the transfer is approved by the ticket office, the Current Owner (Seller) will receive the funds. This guarantees both parties a safe and secure transaction and eliminates all risk to either party. The fee to transfer ownership of a Charter Seat License through a Private Sale Transfer is 5% of the cash sale price and is the responsibility of the New Owner.