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Fairmount Village Condominium Association

Dues / Financials

Dues: Varies by unit (square feet) per month.  Effective Jan. 1st, 2023

$116.36 per month for 707-922 square feet units
$151.91 per month for 923-1136 square feet units
$187.13 per month for 1137 square feet or larger units

The HOA charges a One-time Capital Improvement Fee for new Buyers: $700

Pet Policy: All Owners Must Notify Bray HOA if they or their Tenant Owns a Pet that Utilizes the Outdoor Areas!  $25.00/Month Pet Clean Up Fee is Charged to all Pet Owners that Use the Exterior Common Spaces.  Failure to report a pet will result in a $250 automatic fine.

Please make checks or money orders payable to:

Fairmount Village
637 North Ave.
Grand Junction, CO 81501

Setup Automatic Payment

What is Covered in Your Dues?

The monthly dues that are paid to the Association go towards the following:

  • Management
  • Homeowners Liability Insurance
  • Maintenance, repair, replacement of limited common elements (as defined: porches, building overhangs and patios)
  • Exterior maintenance on all buildings
  • Maintenance and repair of all: streets, curbs, sidewalks, and automobile parking spaces
  • W/S/T utility
  • Common area landscaping
  • Trash enclosures

If you would like to review the full listing of Association expenses, please refer to Article I, Section 1.24 & 1.27 of the CC&Rs.

Financials

Balance Sheet
Income Statement

Budget

2023
2022
2021
2020
2019
2018

Bray HOA Management Charges a $50 Transfer Fee
Bray HOA Management Charges a $50 Status Letter Fee
Bray HOA Management Charges a $50 Refinance Questionnaire Fee
Bray HOA Management Charges a $10 Violation Reinspection Fee to the Owner of the Unit for Covenant Enforcement

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