Joining the Los Angeles Tennis Club involves an initial significant membership fee and an extensive application process.
As of 2017, the fee for a new equity membership at the Los Angeles Tennis Club is $25,000. This amount covers the initial cost to become a member but does not include recurring expenses.
Understanding the Membership Costs
Becoming a member involves more than just the initial fee. Here's a breakdown of the financial aspects:
- Initial Equity Membership Fee: This is the primary upfront cost to join the club, set at $25,000 (as of 2017). An equity membership typically grants members a share or stake in the club's assets.
- Ongoing Dues: The $25,000 membership fee does not cover recurring financial obligations. Members are also responsible for quarterly and monthly dues, which are separate costs that must be paid regularly to maintain membership.
For clarity, here's a summary of the known costs:
| Cost Type | Amount (as of 2017) | Notes |
|---|---|---|
| New Equity Membership Fee | $25,000 | One-time initial payment for club ownership |
| Quarterly Dues | Not specified | Recurring, in addition to membership fee |
| Monthly Dues | Not specified | Recurring, in addition to membership fee |
The Application and Acceptance Process
Beyond the financial commitment, prospective members must navigate a thorough and lengthy acceptance process. This process is designed to ensure new members align with the club's standards and community. Key aspects of the application include:
- Lengthy Process: The acceptance period can extend over several months.
- Board Approval: Direct approval from the club's Board is a mandatory step for all new applicants.
This comprehensive process ensures that individuals seeking to join the Los Angeles Tennis Club meet specific criteria and are a good fit for the exclusive environment.
