1. What is the meaning of playing rights? What are the terms of this type of arrangement?
2.
What are my benefits and rights in the club as a shareholder?
3.
Are playing rights fee one-time charges or paid annually? Are there any other costs to pay, other than the normal monthly dues?
4.
Are monthly dues consumable?
5. How long does the whole process of acquiring a share take upon submission of complete requirements?
6. What are the processes involved before the applicant can use the facilities?
7. Will a family member also be able to use the golf course without paying green fees?
8. What are the differences between A, B, and C shares? Are all of these golf shares? Who are qualified for these shares?
9.
Will a shareholder of Midlands have the same privileges as that of
Highlands? Does the Tagaytay Highlands Intl. Inc. Golf Club include
access to all the facilities of Highlands and use of Midlands?
1.What is the meaning of playing rights? What are the terms of this type of arrangement?
Availing of playing rights is defined as renting a share from a shareholder for a specific period of time. Normally, it lasts for a period of one year but it can be renewed depending on the agreeement between the lessor and lessee.
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2.
What are my benefits and rights in the club as a shareholder?
As a shareholder, your benefits include members rates on country
club facilities, no green fees to pay for golf facilities, and many more.
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3. Are playing rights fee one-time charges or paid annually? Are there any other costs to pay, other than the normal monthly dues?
There are fees that a club charges annually and as one-time charges. Annual fees are rental fees, broker's fees, annual assessment fees, and renewal fees. One-time payment includes playing rights fees, refundale deposit, and membership fees. Note that each club has its own set of fees. For more information on these fees, please see Club Information.
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4.
Are monthly dues consumable?
Only some clubs have consumables from the monthly dues such as Baguio CC, Camp John Hay, Subic YC, etc.
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5.
How long does the whole process of acquiring a share take upon
submission of complete requirements?
The period ranges fromn 1 month to 3 months, depending on the club's policies and procedures.
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6.
What are the processes involved before the applicant can use the
facilities?
Each club has different processes but usually they would require screening, posting period, interview, and induction.
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7.
Will a family member also be able to use the golf course without
paying green fees?
Yes, but only for immediate family members that include the spouse and the children.
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8.
What are the differences between A, B, and C shares? Are all of
these golf shares? Who are qualified for these shares?
Most of the clubs use A for Filipino individuals, B for Foreigner and Filipino individuals, and C for Corporate. However, it has a different meaning in other clubs. For example, in Fontana it pertains to usage of Villas where A stands for single detached with 3 bedrooms, B for single detached with 2 bedrooms, C for duplex with 3 bedrooms, and D for duplex with 2 bedrooms.
Incidentally in Fairways, they use a timesharing where A stands for March to May, B for October to February, and C for June to September. Please note that some clubs do not have A, B, and C shares. Instead they only have individual and corporate shares.
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9.
Will a shareholder of Midlands have the same privileges as that of
Highlands? Does the Tagaytay Highlands Intl. Inc. Golf Club include
access to all the facilities of Highlands and use of Midlands?
Yes, because they have a reciprocity agreement.
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