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What is a golf membership?

Updated: 8/17/2019
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14y ago

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Golf membership is basically belonging to a club. Where the member has acces to the course, clubhouse and any other things such as the bar and snooker room etc.

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14y ago
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Q: What is a golf membership?
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Is golf club membership considered as intangible asset?

Yes, golf membership has an indefinite useful life and fulfils the criteria of an intangible asset. This assumption is further confirmed if the golf membership used is not for the purpose of investment and is solely for utilisation of the services.


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Can owners of public golf course say no to someone that wishes to be member?

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How much does it cost to join the Maidstone Golf Club in the Hamptons?

The membership fee to join the Maidstone Golf Club is $7500. This is relatively low compared to other clubs in the area where the membership fee can be in the 6 figures.


How much is a membership at Hazeltine National Golf Club?

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