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Membership Information
Equity Membership Fee Schedule
November 1, 2007- October 30, 2008
EQUITY CONTRIBUTION AND ANNUAL DUES
| FULL EQUITY CONTRIBUTION |
$65,000 |
| INITIATION FEE |
$20,000 |
| TRANSFERABILITY (Optional) |
$15,000 |
| ANNUAL FULL GOLF DUES |
$18,730.18 |
| STANDARD EQUITY CONTRIBUTION |
$38,000 |
| INITIATION FEE |
$20,000 |
| ANNUAL SOCIAL DUES |
$8,721.13 |
| ANNUAL TENNIS DUES (includes social privileges) |
$9,988.08 |
*All fees above include taxes & capital dues
**Fees above are the discounted dues if paid by credit card.
***Special Capital Assessment will be Assessed for all memberships on record as of September 20, 2007 as follows: Standard Equity Members: $666 payable at $37/month for 18 months and Full Equity Members: $1,134 payable at $63/month for 18 months.
MISCELLANEOUS FEE AND CHARGES
| ANNUAL FOOD AND BEVERAGE MINIMUM |
$ 2,000 |
**PLEASE NOTE: As of January 1st, 2008 - if you are a current member of Woodfield Country Club and you move to another home within the club, you will be charged a $5000 fee.
How do we compare?
2007-2008 COUNTRY CLUB EQUITY COMPARISON
|
CLUB NAME |
FULL |
TENNIS |
SOCIAL |
OTHER |
PERCENT REFUNDED |
INITIATION FEE |
Addison Reserve
(FYE 9/30/08) |
100,000 |
55,000
(sports) |
N/A |
N/A |
80% |
10,000 Full
5,500 Sports |
Boca West
(FYE 9/30/08) |
N/A |
N/A |
N/A |
25,000 |
80% |
45,000 |
Broken Sound
(FYE 9/30/08) |
70,000
(2 courses) |
43,000 |
38,000 |
|
80% |
10,000 |
Polo Club
(FYE 9/30/08) |
73,000 |
Private Resale* |
20,000 |
N/A |
Full: 40,000
Social: 12,000 |
18,000 |
St. Andrews CC
(FYE 9/30/08) |
125,000 |
N/A* |
N/A* |
N/A |
24% |
N/A |
Woodfield CC
(FYE 9/30/08) |
65,000 |
38,000 |
38,000 |
N/A |
70% |
20,000 |
*St. Andrews is currently not accepting new social or tennis members. Existing tennis members are being grandfathered in.
2007-2008 COUNTRY CLUB DUES COMPARISON
|
CLUB NAME |
FULL*** |
TENNIS*** |
SOCIAL*** |
TRAIL |
F & B MINIMUM |
TIPPING
CHARGE |
Addison Reserve
(FYE 9/30/08) |
17,276 |
12,093(sports) |
9,502 |
1,600 |
80% |
10,000 Full
5,500 Sports |
Boca West
(FYE 9/30/08) |
12,845 |
8,735 |
7,420 |
1,885 Single
2,215 Family |
80% |
45,000 |
Broken Sound
(FYE 9/30/08) |
14,996
(2 courses)10,196
(1 course) |
7,596 |
6,596 |
300 Mandatory
1,700 optional** |
80% |
10,000 |
Polo Club
(FYE 9/30/08) |
13,526 |
8,971 |
7,519 |
1,700 |
Full: 40,000
Social: 12,000 |
18,000 |
St. Andrews CC
(FYE 9/30/08) |
16,700 |
8,350* |
N/A* |
1,000 |
24% |
N/A |
Woodfield CC
(FYE 9/30/08) |
13,995 |
8,355 |
7,325 |
1,700
(Mandatory for Full Members) |
70% |
20,000 |
*St. Andrews is currently not accepting new social or tennis members. Existing tennis members are being grandfathered in.
**Full members have a $300 mandatory trail fee, then they have to pay $25 each time they play. If they pay an additional $1,700 there is no additional cart fee when they play.
***Annual amounts for operating dues exclusive of sales tax.
All equity contributions, fees and charges are subject to change. Additional information available regarding membership eligibliltiy and acquisiton, and transferabilty privileges at info@woodfieldrealestate.com
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