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This supposed change was by email with no specifics just a statement that we will collect a $2500 to start a new fund starting Oct 1. Have talked to two attorneys they say Breach Of Contract

No. The Agreeement clearly shows the type of membership we have agreed upon and the fees, dues and charges that we are required to pay. The “plan” outlines that all capitol improvements are paid by the owners. No assessments to members.

Consulted with Attorney and was told any material change is a breach of contract. Fraud in Inducement.

We will find out soon enough. If anyone wants me to. Post the outcome please let me know. Otherwise. Thank you for your comments on this situation.. Much Appreciated. Very Best.

This is not a Private or Semi Private Golf Membership. It is a basic dues an you get golf green fees, pool and work out room

Well what about this? In North Carolina contract law, you cannot unilaterally or fundamentally change a contract; such changes require the written agreement of all parties involved, which is typically done through a written amendment signed by everyone. Without full agreement, only certain...

Thank you for your insight. This email message gave us two weeks to decide if we’re going to pay it. They will raise well over a million dollars if everyone pays. Non golf related items like building hotel rooms, shuttling guests to the airport, building tennis courts are a part of what they...

Thank you. I did not know if “supplement” or any of the language that states they have the right to change the “plan, rules or regulations” could be a way to charge us this new capitol Assessment Never discussed with any member till last week.

I get that! There are just a few paragraphs between these 4 pages that would pertain to my question. I should have marked out the ones that are not relevant. Thank you

I have attached the Membership pages that discuss the Fee's, Dues and Charges. I do not see a clause that we have agreed to pay this new capitol Assessment. In addition the Investors have demanded a monthly Capitol Fee be charged in addition to our Dues. I do not see where it states we are a...

Have a Promissory Note on a property that stipulates the Buyer must make the payment on time or cure a past due payment within 10 days. No written notice by Seller is required. The Buyer is required by the Note to direct deposit the payment into a specific checking account by the LLC. This...

I thought that might be the case. I will ask. It’s still a good investment for me. I will most likely have to hope they are one day late with their payment and do not pay the late fee. I will post back with what he advises hopefully later tomorrow or Tues. Thank you!

This is a discussion I will have with my attorney but would appreciate any input that I might be able to use when speaking with him I leased a property with right of first refusal. In a wording glitch there was an expiration date they had to purchase and after that date I offered it to another...