TMVOA's largest revenue stream is the Real Estate Transfer Assessment (RETA). RETA is assessed at a rate of 3% on all eligible real estate transactions and is governed by Section 5.3 in the General Declarations, which can be viewed by clicking here.

RETA revenue is pledged to the operations and maintenance costs of the gondola, as well as used for many of the other TMVOA member services, including grant funding and event sponsorship.

When you buy or sell any real estate in Mountain Village, you or your title company need to complete the RETA Information Sheet which needs to be submitted along with payment and a copy of the deed after your property sale has closed.

Certain real estate transactions are exempt from RETA, including any deed-restricted property. If you think your transaction may be exempt, please contact Stephanie Fanos, TMVOA's Counsel, at ,  to confirm that you are exempt. Upon confirmation, you will then need to complete the Reta Exemption Application.