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New Montgomery Village Capital Contribution Fee

By
Industry Observer with Retired

New Montgomery Village Capital Contribution Fee

Effective January 1, 2012, a fee of 1/10th of 1% of the gross selling price will be charged to the purchasers of properties located within Montgomery Village.  The fee is due at the time of the settlement. The funds are to be placed in an account to be used to fund new facilities and amenities.

Please contact us if you have any questions in regard to the current real estate market in Montgomery County, Maryland or other nearby counties.

Grocer's Holiday Wreath IMG_1362

We visited Colonial Williamsburg over the Thanksgiving Holidays. It is a wonderful time of the year to visit the area.  Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

We can only hope that they place sufficient controls on the new funds to be sure they are used in a responsible manner Roy.

Dec 08, 2011 06:33 AM
Roy Kelley
Retired - Gaithersburg, MD

You are correct, Al.  Time will tell. Thanks for your observation.

Holiday Wreath IMG_1361

We visited Colonial Williamsburg over the Thanksgiving Holidays. It is a wonderful time of the year to visit the area. 

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

Dec 08, 2011 08:12 AM