Associate MembershipAn Associate Membership is a family membership available to persons who are 21 thru 49 years of age. This includes the member, spouse or significant other, and children under the age of 21 residing in the same household. On or before their 50th birthday, the Associate, spouse or significant other are required to convert to full status membership. INITIATION FEE $9,900.00 with $100 Equity The Associate Member agrees to pay Annual Dues, Capital Improvement and Insurance Deductible as shown below: | Initiation | $400.00 ($100 equity) | Insurance Deductible | $ 240.00 | | Annual Dues | 3,221.00 | Food & Beverage Minimum | N/A | | Capital Improvement | 720.00 | | $4,581.00 |
INITIATION FEE CONDITIONS Contract agreement to pay annual dues, initiation fee, capital improvements and insurance deductible monthly through ACH (Automated Clearing House). Before reaching the age of 50, the Associate Member, spouse or significant other, is required to convert to Full member status. All initiation fees paid ($400 annually) will be credited against the initiation fee of $9,900.00. According to our by-laws, Royal Palm Country Club does not permit any refund of dues or cessation of fees during a fiscal year, which ends August 31st of each year. Resigning members shall be responsible for any monetary obligations until then. Associate members are non-voting members until they have converted to Full membership. ANNUAL DUES: SEPTEMBER 1st through AUGUST 31st Associate Members are required to pay 50% of the current full golf membership annual dues, which are set annually by the Board of Directors. The annual Dues are subject to Florida State Sales tax. ANNUAL CAPITAL IMPROVEMENT FEE $720.00 The capital improvement $60.00 monthly fee will be charged to the member to build a capital equipment fund for updating and replacing such items as golf course equipment, air conditioning for the golf shop, club house and kitchen equipment. ANNUAL INSURANCE DEDUCTIBLE FEE $240.00 The insurance deductible $20.00 monthly fee is charged to the members to build a reserve for repairing and replacing damage or loss from catastrophic events or certain liability occurrences that are not covered by insurance. APPLICATION PROCESS Candidates for Associate Membership must complete and submit an application form and the $500.00 deposit. Two Full Members must sponsor a candidate. The application will be posted for 2 weeks. The Board of Directors will notify the candidate upon election to Associate Membership. If placed on a waiting list the candidate’s name will be listed in the order that the application was received. NOTE: This offer as well as all policies, dues and fees are subject to change per approval of the Board of Directors. |