I think the executive courses south of 466 are still owned by the developer. You're right that the championship courses are also owned by the developer. Eventually, all the executive courses will be owned by the residents. I, too, wonder about the future of the championship courses after build-out. Right now, they are priced to be self-sustaining, but if turned over to a management company who wants to make a profit (or larger profit) the fees may go up significantly. The only good thing is that there are a lot of courses nearby that have fees that are similar (and, in some cases, significantly lower) to ours. That may prevent any huge increase in fees at the championship courses.
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