Stock Transfer Escrow Report
The GRF Stock Transfer office tracks escrow sales each month to monitor sales of units in Leisure World. Home sales provide an important component to GRF revenue streams. With the sale of every unit, there is a one-time Trust Property Use Fee that is directly channeled into the GRF reserve fund.
The GRF reserve fund covers the costs of future maintenance, replacement or repair of major assets. The GRF is required to maintain the fund in accordance with applicable law.
So far this year, sales are down 24% from this time last year. For more escrow information, see the charts below.