Advice for anyone selling Vero contracts.

tvwalsh

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Mar 17, 2003
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I owned five Vero contracts. I sold four and kept one. It was important to remember to sell the contacts bought after 1996 and to keep those bought before 1996 since the dues on the subsidized contracts (before 1996) is $4.97 per point and the dues for the non subsidized contacts is $6.41 per point.

The subsidy cannot be passed on to a new owner. Therefore, there is no difference in the price you will get. Selling the wrong contracts could cost you a lot of money over the next thirty-four years! :teacher:
 













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