Closing Letter and Transfer Fee

Association members will need a closing letter before selling their homes.  To obtain a closing letter, contact 2023 board vice president Ree Howard.  Her email address is reehoward@gmail.com. The cost of the closing letter is $150 payable to the Mount Vernon Woods Community Association. 

The Mount Vernon Woods Community Association Covenants were revised and have been legally recorded to allow the implementation of a transfer fee when a Member Lot (house) is sold and transferred to a NEW Owner. The Transfer Administration Fee shall be the personal obligation of the new Owner to be paid at closing. This amendment results in ZERO charges for the existing Owner. The transfer fee will be an amount equal to the annual dues for the year in which the sale of the property occurs. The transfer fee allows us to build up reserves to keep annual dues low and offsets the cost to welcome new homeowners. Having a transfer fee is customary for almost all home-owner associations.