If you’re an avid golfer, a “bundled” golf community may not meet your desire to play as much golf as you would like and your tee time choices may be limited. Also, it is important to understand that if you own a home in a “bundled” golf community, you will most likely be required to pay annual club membership dues until the home is sold.
There are a number of positives about “bundled” golf communities but there are some disadvantages. Yes, the annual club membership dues are often lower than non-bundled private clubs, but in exchange for this, they typically have a lot more members, sometimes 2 to 3 times more.
No matter the outcome, homeowners will be the ones who pay the price, either by finally supporting the course and the club in their backyard or by the loss in the value of their homes. Forbes Real Estate Council is an invitation-only community for executives in the real estate industry. Do I qualify?
Essentially, property values were being subsidized by the golfers and club members supporting the club. The business plan for these courses assumed some level of membership for most people who purchased in the communities to support and maintain the facilities.
In short, they are communities where the golf club membership is included or “bundled” with the home purchase. Essentially, all homeowners in the community are members of the club.
There is clear California case law on these points of law. However, if the golfer intentionally or recklessly hits a ball at a home/car, then the golfer may be responsible.
Who is Liable if a Golf Ball Causes Damage? Another general concern is damage that may be done by errant golf balls. Generally speaking, the golf club, the builder, and the course designer are usually protected from liability from golf ball damage in the same documents described above.
The primary appeal of living near a golf course is the view from your backyard: gently rolling greens, clusters of mature trees, ponds, lakes and fountains, as well as an occasional wildlife sighting.
You break a window, you pay for it. The flip side of that coin is that homeowners should bear responsibility for golf ball damage since they assumed obvious risk by deciding to purchase a home near a golf course. Additionally, homeowner's insurance may handle the damage.
After researching the topic, I came to a fairly clear legal conclusion: A golfer is generally not liable for injuries or damages due to an errant shot by the golfer, except in situations in which the golfer is negligent, reckless, or acting with intent.
While the golfer who broke your window should own up and take responsibility, she is not legally responsible for the damage if she was otherwise playing normally. Golfers need to take ordinary care when playing, but sometimes even the best golfers will hit a wild shot.
The big question is who's liable to pay for those damages: the homeowner, the golf course or neither. It's called “errant golf ball liability” when a stray golf ball hits someone's window or causes other damages unintentionally, WMBF reported.
“Since damage from golf balls is incredibly common, you have a few options, including coverage through your Progressive policy. If you were parked on the golf course's property, they may cover the damage. Some golf courses have liability insurance in place to help protect patron's property from damage.
There are, however, a few drawbacks.The Most Trafficked Back Yard in Town. The most obvious drawback to living on a golf course is the constant activity behind your home if you live directly on a fairway or green. ... Permeating Nature of Golf. ... Putting it in Perspective.
Here are some of the top benefits of living in a golf course community.Age-Restrictions. There are often age restrictions within golf course communities. ... Pools & Other Amenities. ... Planned Events. ... Properties Look Great. ... Neighbors Are Farther Away. ... Tee Time Availability. ... Amazing Views. ... New Friends.More items...•
Golf course communities tend to be tight-knit neighborhoods, making them highly sought after. It is also considered prestigious to live in this type of neighborhood. People enjoy living in these communities, so not only will you likely sell your home quickly, but you may also receive top dollar for your property.
Bundled golf communities are becoming more popular in the golf club and real estate scene. In essence, a bundled golf community is one where your golf club membership is included with your home purchase—automatically making every homeowner in the community a member of the club.
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Explore the bundled golf communities below which are located in Naples, Bonita Springs, Estero and Fort Myers. You’ll find information about the golf course, membership dues and much more. Several bundled golf communities use the Chelsea system for tee times.
If you are looking for a home or condo in a bundled golf community, you will find it is more complex than a normal home purchase . As you can probably imagine, there is a significant difference between golf courses. Also, there are hidden fees, different membership options, pet restrictions and very different demographics in each community.
If a club or community boasts about having the lowest dues, one can be certain that the level of services and the value in membership will be compromised. Often, a club has to choose between privacy/exclusivity and opening up to the outside.
There’s often a conflict because some demand financial independence of the clubs while others feel the community as a whole benefits from the club and all should support the club.
July 16th, 2018. Many residential communities have homeowners associations (HOA’s) or property owners associations (POA’s) which govern architectural standards, common area maintenance and community rules. Since some have golf or club amenities, whether the HOA/POA owns the club or not it has a vested interest in the club’s economics.
In most cases, the owner/operator of the club requires a financial return (profit) and if the club is struggling, budget cuts are often employed to stop the bleeding, which can precipitate that decline.
In age-restricted communities there is often a concern for security and opening the gates to the outside can be perceived as risky. There is sometimes the option of simply raising the HOA dues given that all residents (whether they’re golfers or not) benefit from a thriving club in the community.
The HOA/ POA currently subsidizes the golf operations and seems to have established a limit as to how much they’re willing to contribute. Among the choices HOA’s/POA’s encounter are: Key to understanding the best way to go is comprehending the club’s “culture”.