To join the Hampton House, you must own property that is a part of the Hampton Cove Home Owners Association. The dues are set each year by the Board of Directors with a 10% discount to seniors over the age of 65. The membership begins May 1, each year and expires April 30, the following. An initiation fee of $3,500 for all new Hampton House Members went into effect July 1, 2009. You are subject to late fees after the due date and must be paid in full by April 30 or be charged the initiation fee to rejoin. In addition, those that purchase a brand new house (from a builder) or build a new house (not existing) and join the Hampton House within three (3) years after the closing date or date of occupancy, will not have to pay an initiation fee to become a member. Membership will be issued to the Parcel and is not transferable between members (consistent with current Article/By-Laws). If you are a member, the party who purchases your parcel or house, will not be assessed the Initiation Fee and will assume membership privileges. Current Hampton House members who move within Hampton Cove and buy a home without a membership may join the Hampton House, within 3 months of closing, without paying the Initiation Fee. Waiver of the Initiation Fee requires the approval of a majority of the Hampton House Board; i.e., minimum of four (4) Board Members approving.