Any member wishing to sell their membership may submit their Resale Price in writing to the Club prior to 5:00 p.m. the last day of a month. The submitted price becomes effective the first day of the following month and is binding until sold or modified/revoked in writing. A selling Member may change their price in writing during each month, and such change will be effective the first day of the next month. The Club will sell from the Seller List based on the lowest Resale Price available. If more than one membership has the same Resale Price, they will be sold with priority given to seniority of membership tenure. The Transfer Fee, paid by the Seller, will be $30,000 or 20% of the price, whichever is greater. The Club will communicate to prospective members the lowest price available. A prospective member may reserve a membership with an application and a refundable check for the purchase price. If the applicant is approved, they will owe their pro-rated dues for the remainder of our fiscal year on their first monthly statement. If they are not approved, the Club will refund the full purchase price.
If you are considering purchasing a Scottsdale home in a golf community, contact me for the most up to date information on each golf club. I specialize in Scottsdale golf homes and would love to help you find the perfect home to enjoy the Scottsdale lifestyle.