Green Valley Recreation (GVR) has voted to approve an across the board rate increase affecting 2021 member dues and property acquisition fees.
Effective January 1, 2021, annual member dues will increase $12 from $493 annually to $505 annually. The Property Acquisition Capital Fee (PACF), which is applied to all sales and resales of GVR member properties, will increase $100, from $2,616 to $2,716. The transfer fee, which is also assessed on every resale transaction, will increase $50 from $350 to $400.
The Property Acquisition Capital Fee, while always collected from the buyer at close of escrow, is refundable within 12 month of transfer of title if the member moves (sells) one primary GVR residence to another primary GVR residence.
If the purchase is for an additional GVR property (buyer already owns one or more and has not sold one), then the PACF fee is not refundable.