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Condo Fees

Direct AnswerMonthly fees paid by condo owners to cover building maintenance, insurance, common area utilities, reserve fund contributions, and amenities. Also known as strata fees or maintenance fees, these direc

glossary

Monthly fees paid by condo owners to cover building maintenance, insurance, common area utilities, reserve fund contributions, and amenities. Also known as strata fees or maintenance fees, these directly reduce cash flow and are a critical consideration when analyzing condo investment opportunities.

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