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Old 06-12-2011, 05:23 PM
 
152 posts, read 364,562 times
Reputation: 143

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My parents had joined the Boca Beach Club about 10 years ago. The Club changed ownership several years ago and many changes were made. My parents now want to leave the club but were told that the membership fee (about 50K) will only be returned when a certain number of new members join. I think its one refund per every 12 new members. Considering this and the current wait list of members wanting out it would probably take 50 years for them to get their money back.

Obviously they did not read the fine print when they joined. Can anyone advise of a way around this or recommend an attorney that specializes in this area. Thanks
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Old 06-14-2011, 04:47 AM
 
3,171 posts, read 7,234,130 times
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Have your parents looked into being able to transfer the membership? Even if allowed it will be very hard to sell and I am thinking they will take a large loss. I would call the club and speak to them.
So many people are stuck in these clubs cause they are so overpriced.
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Old 06-21-2011, 02:32 PM
 
152 posts, read 364,562 times
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The club does not allow transfers. They get about 200 new members per year. My parents are about # 1000 on the refund list and they refund one membership fee for every 5 new members. At that rate should take about 25 yrs! They don't even allow for medical hardship ( Which my mom does have). Can anyone recommmend an attorney that could help?
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Old 06-22-2011, 02:01 AM
 
3,171 posts, read 7,234,130 times
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In FL for even a rental lease there is no medical clause where one can terminate because of medical reasons. Some states do but I would think because of so many elderly in FL it is not allowed. I don't know a lawyer and I can't see how if they signed a contract they will win this but I could be wrong.
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Old 06-22-2011, 06:07 PM
 
Location: Boca Raton, FL
5,964 posts, read 9,731,410 times
Reputation: 8176
Smile Membership Fee

I loved it when I was a member. My membership fee was $18K - I did have to sell and it took about 3 years, I think. I do regret selling it though.

It was from the 1980's - I sold in 1998.
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Old 07-02-2011, 04:37 PM
 
152 posts, read 364,562 times
Reputation: 143
Quote:
Originally Posted by Bette View Post
I loved it when I was a member. My membership fee was $18K - I did have to sell and it took about 3 years, I think. I do regret selling it though.

It was from the 1980's - I sold in 1998.
I think the fee has now been reduced to 30K from the 50K my parents paid about 4 yrs ago
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Old 04-29-2013, 09:36 AM
 
1 posts, read 11,306 times
Reputation: 10
I would be willing to purchase your existing membership if it is at possible?
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Old 05-01-2013, 09:26 AM
 
Location: Boca Raton, FL
5,964 posts, read 9,731,410 times
Reputation: 8176
Smile This is how it used to work.....

Back in the 1990s, if you wanted to sell, you contacted membership services and you were put on a list.

When new members came in, an old got paid off - I think it was for every 5 new members, one old member got paid off.

It took me 3 years but I regret selling it now.

I still love the Beach Club.
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Old 04-27-2014, 02:05 AM
 
1 posts, read 9,284 times
Reputation: 11
Does they accept member transfer or sell membership to others? If yes where can I find it?
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Old 12-06-2014, 06:36 AM
 
1 posts, read 7,999 times
Reputation: 10
I'm looking for a Boca resort membership!
Can anyone help?
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