Applicants will be placed on a waiting list should a Bond not be currently available. Position on the waiting list is granted on a first-come, first-serve basis, except where the By-Laws permit an exception (e.g. returning non-resident members, people buying charter member houses).
A place on the waiting list does not guarantee the Applicant membership; nor does it provide any rights other than a relative position vis-a-vis other Applicants.
When a Bond becomes available, the Applicant will be presented to the Board for final approval.