Bond Transactions

There are a total of 200 bonds that are allowed at Piquet Lane.  When a member wants to sell their bond, they find an individual or family who wants to purchase the bond.   All negotiations regarding bond price are between the buyer and the seller

Buyer List | Seller List

​If you are interested in selling  your bond, please use the link below to complete the appropriate form.

• You are allowed to rent your bond 3 times during the ownership of your bond.  No summers can be consecutive.

• Bonds can be rented after the 1st 13 renters are secured by the club and are matched on a first-come, first served basis.

• For example, if you sign up to rent your bond and you are #2 on the list, there would need to be 15 renters in order for your bond to be rented.

• Once rented, you do not pay dues for the summer (unless there is a special situation where rental dues are less than member dues) and you are only allowed to be a guest of the club 4 times.

• You MUST be a member in good standing in order to have your name listed on the Rent your Bond list.

• ​There is a $300 fee associated with Renting your Bond – the $300 is refundable until February 1, 2019.  No place on the list can be “reserved” until payment is made.

If you are interested in renting  your bond, please use the link below to complete the appropriate form.

BOND TRANSACTION CLOSING PROCEDURE

Step 1:  Buyer and Seller agree on a sale price.  The $350 closing fee can be paid by either buyer or seller or split between the two.

Step 2:  Buyer fills out an APPLICATION FOR MEMBERSHIP

Step 3:  The Board Secretary sends out an email to the membership asking for feedback regarding the new applicant.

Step 4:  The Board (or individual board member(s)) interview the applicant.

Step 5:  The Board votes on accepting the new member.

Step 6:  Closing.  The closing is usually conducted by a board member or a representative of the board.  The closing fee of $350 needs to be paid to the club.  The sellers bond (if available) is returned.  Exchange of sale price from buyer to seller is made.  The  new bond is sent, in the mail, by the secretary, to the new member.