What categories of equity membership will be issued by the Club?
The Club will offer 350 equity Golf Memberships. The current Golf Membership Contribution is $150,000. In addition, equity Social Memberships will be offered to Buyers who purchase property and who do not wish to purchase a Golf Membership. The current Social Membership Contribution is $75,000.
What are the privileges of a Golf Membership?
Golf Members will be entitled to use all of the Club Facilities. Golf Members will pay cart fees but will not be required to pay green fees.
What are the privileges of a Social Membership?
Social Members will be entitled to use all of the Club Facilities except the golf course and golf practice facilities except as the guest of a Golf Member.
Will members of my immediate family be entitled to use my membership privileges?
Yes. The member, his or her spouse and their unmarried children under the age of 26 will have membership privileges.
Who qualifies as the member’s Extended Family?
Extended Family shall include the parents, adult children who do not fall under the definition of immediate family, grandparents and grandchildren of the member and spouse, and the spouses of such family members.
What guest privileges will my Extended Family have?
Extended Family may play unaccompanied and/or bring guests subject to the Primary Playing Times Policy. No Guest Fees will be charged for Extended Family. They can use all other Club Facilities and bring guests at any time. Normal Guest fees and restrictions apply for their guests.
Will my guests be able to use the Club Facilities?
Yes. You may invite guests to use the Club Facilities in accordance with the Rules and Regulations and Bylaws of the Club relating to guests and upon the payment of applicable guest fees and charges established by the Club from time to time. All guests must be accompanied by a member. No guest may use the golf facilities more than four (4) times in a calendar year, regardless of the sponsoring member unless otherwise determined by the Club from time to time. The current guest fee for 18 holes of golf is $200 plus applicable tax.
What is the Primary Playing Time Policy?
Although each membership has family and guest privileges, the Club may establish primary playing times during which Immediate and Extended Family and/or guest play may be restricted to better handle golf play during primary playing times. Tee times may be scheduled 14 days out for primary members, 4 days out for extended family. The Club may designate times when only members and their spouses may play, notwithstanding any provision in the Membership Plan or in the Rules and Regulations. Guests must be accompanied.
As the owner of a residence or home site in Mountaintop, may I arrange for the subsequent purchaser of my property to obtain my membership?
Yes. You may arrange for the Club to reissue your membership to the subsequent purchaser of your property, provided the purchaser is approved for membership and pays the required current membership contribution.
How much of my membership contribution will I get back when the Club reissues my membership to a new member?
You will receive 50% of the membership contribution paid by the new member.
What are the Club dues?
Dues will be fixed by the Club from time to time and will be payable annually in advance or as otherwise determined by the Club. The dues are set forth on the Schedule of Dues, Fees and Charges. For golf equity members, current annual dues are $19,000, plus $3,500 capital dues. For social members, current annual dues are $9,500, plus $1,750 capital dues.
Who controls the Club?
The Club is controlled by a Board of Directors elected by the Equity Members.