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

RETA is pledged for the operations and maintenance costs of the gondola, and is also utilized for many of the other member services TMVOA provides including grant making 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 Worksheet 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 us at to confirm, and then complete the RETA Exemption Application.