2024 Annual Dues & Fees
TLRA offers several ways to pay dues. Members can use online payment or may mail a check.
Annual Dues
There are two levels of annual dues, ACTIVE, and INACTIVE:
- ACTIVE dues entitles the member full use of the lake and surrounding greenbelt subject to the ground rules set forth in the Rules and Regulations.
- INACTIVE dues dues not entitle the member to use the lake or surrounding greenbelt. This option simply keeps the membership alive so that it does not lapse.
Category | Pay By Check | Paypal | Paypal Fee | Payment to TLRA |
---|---|---|---|---|
Active Member | $325 | $337 | $11.86 | $325.14 |
Active Late | $390 | $405 | $14.17 | $390.93 |
Inactive Member | $162.50 | $168.50 | $6.13 | $162.37 |
Inactive & Late | $195 | $202.50 | $7.29 | $185.21 |
Transfer Fee | $487.50 | $505.50 | $17.59 | $487.91 |
New Member | $3250 | $3370 | $114.98 | $3255.02 |
The dues and fees are determined by a percentage of, or multiples of the annual dues. The annual dues are set by the board yearly to meet our annual budget.
A. Active dues are $325/yr
B. Active late fee = .20 x dues = $65
C. Inactive dues = .50 x dues = $162.50
D. Inactive late fee = .20 x $162.50 = $32.50
E. Transfer Fee = 1.5 x dues = $487.50
F. New Member Initiation = 10 x dues = $3250.00
*New Member 2 yr pay is $1625/yr for 2 years ($1685 via Paypal)
*New Member 3 year pay is $1083.33/yr for 3 years ($1123.33 via Paypal)
Paypal’s addition fee is 3.4 % per transaction plus an additional $.40 per transaction
Notices for annual dues are sent to members in early February for the coming year. Payment must be received or postmarked by before April 1st. If postmarked after April 1st, they will be considered late and subject to a Late Fee of either $65.00 (Active memberships) or $32.50 (Inactive memberships). If dues are not received or postmarked by June 1st, the membership will lapse. If a membership is allowed to lapse and the member wishes to rejoin, they must, in effect, take out a new membership by paying the Initiation Fee.
Initiation Fees
For new TLRA memberships, there is a one-time initiation fee of $3,250.00 This fee may be paid in any of three ways: (1) as a one-time fee, (2) paid in two installments over two years, or (3) paid in three installments over three years.
If the two or three year payment plan is selected, and the member lets their membership lapse after, say the first year, then whatever installment payments they have made toward the initiation fee will be forfeited.
Transfer Fees
A transfer fee must be paid if a property changes ownership and the new owner wishes to take over the existing membership. The Transfer Fee is currently $487.50. It may be paid by either the buyer or the seller. In most instances, the transfer fee is handled as a part of settlement.
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