Currently, new cardmembers must pay a $ 7,500
initiation fee as well as a $ 2,500 annual fee.
An initiation fee as set by the Executive Board must accompany the application, plus applicable dues.
Ritzier facilities can get away with
initiation fees as high as $ 5,000, but the way to boost revenues here is by signing up lots of new members and then giving them plenty of pricey lessons.
Not exact matches
As part of the grand opening celebration, the park district will waive
initiation fees of $ 50 to $ 100 for anyone who enrolls before May 1.
On the same day the Trump Organization announced its appointment of two ethics monitors to advise on potential conflicts of interest, it faced a new ethical quandary: Is it right to double the price of the
initiation fee at Mar - a-Lago, the Trump family's private club in Florida, or would that be seen
as cashing in on the president's arrival in the White House?
I will grant that
initiation fees are legal in some jurisdictions,
as are early closing
fees.
This has the same negative impact
as a hefty
initiation fee.
Unfortunately, your dues (including
initiation fees) for membership in any club organized for business, pleasure, recreation, or other social purposes are not deductible
as a business expense.
Upon approval of the corporate officer's application for membership by the Board of Directors of the National Association, the National Association shall notify the primary Board identified by the corporate officer of the name and address of the corporate officer to which the local Board shall direct statements for dues,
initiation or other processing
fees normally assessed to the local Board's REALTOR ® Members and such other correspondence or information
as the local board sends to its REALTOR ® Members.
(b) shall be enrolled
as a REALTOR ® Member of the local Board designated in their application
as their primary Board, and that Member Board shall accept the applicant
as such when their written application has been received and presented to the National Association Board of Directors, the Board of Directors has found that the applicant has complied with the requirements of the Constitution and Bylaws, and the applicant has paid their initial dues, and any applicable
initiation and processing
fees to their primary Board.
These
fees include Transfer duties, deed office
fees and levies, municipal rates, bank charges, bond
initiation fees, home insurance costs
as well
as the monthly administration
fee that is charged by the bank, moving costs and the cost of maintaining the property.
Re / Max sales associates pay the broker an
initiation fee and various other
fees, such
as for office expenses and a monthly management
fee; in return, they receive a phone, desk, and access to listings.
Payment Schedule — Submit your prorated quarterly
fee,
as well
as a $ 250 one - time
initiation fee.