Can the Annual Maintenance Fees (dues) increase?
Yes. Any change must be approved by the Association. The Association is a Board which oversees MGV in a way similar to a Condominium Association. The Board members are not paid and are elected to their positions. As an Owner, each Point gives you one vote. As of November 1, 2007, maintenance fees are calculated as such: $2.95 per Point Owned paid annually with an option to pay quarterly. So, if you Owned 155 Points, your Annual Maintenance would be 155 X $2.95 = $457.25 per year.
