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Assessments- Homes Corporations and Condominium Associations

Homes Corporation Assessments

The homes corporation assessment finances the management of the homes corporation, the maintenance of community properties such as green space, streets, sidewalks, post lamps, street lights and resulting utility charges, trash removal and the administration of covenants.

Condominium Assessments

Owners of condominiums are assessed a single annual fee, which is paid monthly.  The condominium fee includes the Montgomery Village Foundation assessment, recreational facility use and management fees.  The condominium fee also includes funds for trash removal, street light utilities, water and sewer expenses, insurance, green space maintenance and snow removal.

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