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Category:
Physical Building Operations
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What Do Maintenance Fees Include for Condos?
Author:
Jordon Scrinko
Publication date:
March 3, 2022
Article Summary:
The blog discusses maintenance fees for condos and the factors that affect them. It explains that maintenance fees cover the cost of maintaining common areas and shared amenities, such as elevators, pools, and gyms. The article notes that the size and age of the building, as well as the number and type of amenities, are factors that can impact the maintenance fee amount. The article also outlines how maintenance fees are calculated and how they can change over time. Finally, the blog suggests that it is important for potential buyers to carefully consider the maintenance fees of a condo when deciding whether to purchase it.
Keywords:
maintenance fees, condos, common areas, shared amenities, building size, building age, fee calculation, fee changes, buyer considerations
Source Citation:
Jordon Scrinko
What Do Maintenance Fees Include for Condos?
March 3, 2022
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