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Equity member

An equity member is a member of a syndicate who holds one or more shares in the syndicate’s asset(s). Equivalent in code to shares > 0. Shares are how Syndik8 expresses ownership; there is no owner role.

A non-equity member is a member with shares = 0. They are still a full member of the syndicate; they book, log usage, and see the calendar, but they have no ownership stake. Ownership-weighted calculations skip them: maintenance cost splits, cash calls, and votes are all equity-only.

  • Maintenance cost splits. When an admin finalises a maintenance booking, the total cost is divided across active equity members proportional to their shares. Non-equity members are not charged for maintenance.
  • Cash calls. Cash calls are billed to equity members proportional to shares. Non-equity members are not charged.
  • Voting. Only equity members can cast a ballot. Votes use a majority-of-active-equity-shares threshold, so non-equity members carry no weight either way.
  • Role. An equity member can be any role: admin, member, or viewer. A non-equity member can also be any role. See Roles, equity, and member rates.
  • Billing scheme. An equity member can be on any billing scheme the syndicate has configured: Standard, Founder, Renter, Instructor, etc. Likewise, a non-equity member can be on any scheme. The scheme controls what the member pays this month; equity status controls what they own.
  • Role-based capabilities. Equity status doesn’t change your role-based capabilities: what you can do in the app is set by your role (admin, member, or viewer), captured in the role capability matrix, and holding shares neither adds nor removes any of those permissions. Equity does separately grant one thing outside that matrix: a say in share-weighted votes, as described under Voting above.

Watch the language: “renter” is a billing-scheme label (see renter), not a synonym for “non-equity member”. A member with shares = 0 is a non-equity member regardless of which scheme they’re on. The two often line up, but they’re independent.