Royal Palm Naples FLRoyal Palm Naples FL

Associate Membership

An Associate Membership is a family membership available to those who are 21 to 50 years of age. This includes the member, spouse and children under the age of 21 residing in the same household. 

INITIATION FEE $15,000.00 @ $1000.00 EQUITY:

The Associate Membership offers an opportunity to make annual payments on the initiation fee. Initiation payments are subject to Florida state sales tax. Initiation fees and equity rates will be locked in on the date the member joins.

The following samples are based on a full 10 year buy in period:

Year 1 Sample
Initiation Fee:$0.00
Annual Dues:$2983.00
Capital Improvement:
(monthly)
$60.00
Insurance Deductible Fee:
(monthly)
$20.00
Food/Beverage Minimum:N/A
Year 2 Sample
Initiation Fee:
(1st Payment)
$1667.00
Annual Dues:$2983.00
Capital Improvement:
(monthly)
$60.00
Insurance Deductible Fee:
(monthly)
$20.00
Food/Beverage Minimum:N/A

INITIATION FEE CONDITIONS:

The annual initiation fee is cumulative and may be converted at any time to a Full Membership. Associate Members resigning before converting to a Full Membership will not be eligible for reimbursement of any fees paid to that date and will not be responsible for any balance of initiation fees remaining. Associate Members are non-voting members until they have converted to Full Membership status. Full Membership status must take place before the older partner reaches 50 years of age and the balance of the initiation fee is paid in full.

ANNUAL DUES:

Associate Members are required to pay 50% of the current annual dues.  The annual dues are collected on a fiscal year basis from September 1 to August 31 and will be pro-rated from the month of joining.  The annual dues are subject to Florida state sales tax.

CAPITAL IMPROVEMENT FEE:

A Fee of $60.00 a month will be charged to the members monthly bill to build a capital equipment fund for updating and replacing such items as golf course equipment, air conditioning for the golf shop and clubhouse and kitchen equipment.

INSURANCE DEDUCTIBLE FEE $20.00 PER MONTH:

A fee of $20.00 per month will be charged to the member's monthly bill 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 a $500.00 deposit. Two (2) full members must sponsor a candidate.  The Membership Committee will consider the application. Upon committee approval 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 candidates name will be listed in the order that the application was received.  In the event that an approved candidate withdraws, a processing fee of $100.00 will be deducted from the $500.00 deposit.

NOTE: All policies, dues and fees are subject to change per approval of the Board of Directors.

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405 Forest Hills Blvd. | Naples, Florida 34113 | 239-775-1315
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