| What is The Residence Club at Teton Pines? |
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The Residence Club at Teton Pines is a member-owned enclave of luxurious residences ideally located within the prestigious Teton Pines Country Club community. In addition to owning the spacious two-bedroom residences, Residence Club Members have Teton Pines Country Club (Teton Pines or Country Club) membership privileges while in residence. Residence Club Members have playing privileges at the highly rated Teton Pines golf course and enjoy use of its reception lobby, restaurant, lounge, swimming pool, outdoor jetted spa, year-round tennis facility, cross-country ski track, trout fishing pond, as well as Residence Club concierge service, shuttle service, bell service, housekeeping service, and long-term clothing/equipment storage.
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What are the advantages of Residence Club ownership?
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The Residence Club at Teton Pines has been designed to: provide more convenience, services and amenities than are provided by an equally luxurious vacation home; provide owners with generous and flexible vacation use; remove the worries typically associated with vacation home ownership; and significantly reduce the financial burden through common ownership of the private residences.
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Is The Residence Club a typical timeshare development?
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No. Timeshare is typically the ownership (or right to use) of a specific week and is limited to lodging in a specific unit. The Residence Club is owned and enjoyed much like a private, equity, golf country club. Residence Club Members have access to all residences, with the right to use anytime, subject to the Reservations Policies and Procedures. With only six owners per residence, Residence Club Members have abundant and flexible use of their luxurious Residence Club and the country club facilities.
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How is ownership of The Residence Club evidenced?
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Title is evidenced by a real estate deed, which is recorded and is guaranteed by a title insurance policy. Each Residence Club Member is conveyed a 1/6th debt-free, undivided deeded interest in one of the Clubs fully furnished residences.
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Will The Residence Club at Teton Pines be open to the public?
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The Residence Club at Teton Pines is privately owned and operated for the enjoyment of Residence Club Members and their guests. Prior to full subscription of Residence Club Memberships, limited public use may be offered by The Residence Club developer. The reservation rights of Residence Club Members will not be diminished by such use.
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As a Residence Club Member, may I visit residence clubs in other resorts?
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Residence Club Members have the opportunity to voluntarily exchange residence privileges with members of other residence clubs located in other prestigious resorts. |