Q. Why must we convert
to House Equity, cant I stay a Social Member?
A. Social Memberships
will no longer be available after December 31, 2000. The new House
Equity membership will make Jonathans Landing an all equity
Club. You will then have a proportional vote on Club matter and
Q. When does my
current Social Membership expire?
A. December 31, 2000.
Q. Explain the $1000
A. This is a one-time
fee, which is 50% refundable at the time your membership is resold to
a new House Equity Member. The equity fee for House Equity
Memberships will increase to $3,000 on February 16, 2001.
Q. What are the dues
A. The dues for the
calendar year of 2001 are $1000 plus tax.
Q. Do we still pay the
Food and Beverage Gratuity minimum?
A. Yes, all members
pay the Food and Beverage Gratuity minimum. This fee is $300 in
gratuity spent during the calendar year of January 1 - December 31,
2001. For single members the fee is $150.
Q. Can I be assessed
and if so how much?
A. Assessments if
levied will be proportional to the assessment levied on the Golf
Bylaws Article 12.3 states that Golf Equity Members can be assessed
with out a vote of the membership a maximum of $2,500 in any given
year. This $2,500 maximum is 5% of the Golf Equity Contribution of
Equity Members assessment is based on this 5% figure. The maximum
assessment for a House Equity member would then be $150.
X 5% = $150
Equity fee as of February 16, 2001.
Q. When I leave the
Club, how much do I receive back and how do I obtain the refund?
A. At the time you
leave the Club your name would be added to the House Equity
Redemption List. Your membership would be sold in the order in which
it was received on a first on first sold basis. You would then
receive $500 at the time your membership is resold to a new member
entering the Club as a House Equity Member.
Q. If I dont
convert to a House Equity member can I play bridge or come to social
A. You would not be
able to participate in Club organized bridge events (example:
Duplicate Bridge, Bridge Lessons) if you are not a current House
Equity Member. You can participate in other non-club-sanctioned
events a maximum of 1 time per month as a guest of a current equity
member and must register your attendance with the Club office.
Attendance at social events would be at a maximum of twice per month
and be subject to the policies concerning guests for that particular
Q. How do I apply for
House Equity Membership?
A. Complete the House
Equity Membership Subscription agreement with a minimum deposit of
$100. This should be submitted to the Membership Office no later
than December 31, 2000 to eliminate an interruption in club
Q. Who do I call if I
have further questions?
A. The Clubs
Membership Director, Beth Meister at 561-747-7600 or 1-800-310-1248
if you are calling from out of town.