Condominium Fee

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Dictionary Says

Definition of 'Condominium Fee'

A maintenance fee charged by a condominium complex to cover the cost of repairs, landscaping, concierges, or amenities such as a gym or a pool. The condominium fee can be pegged to the size of the unit and what the development expects its expenses to be for the year. If expenses are expected to rise, so too will the condominium fees.
Investopedia Says

Investopedia explains 'Condominium Fee'

Condominium fees are often one of the larger hidden fees that condo buyers neglect to fully take into account. Even if you own the condo outright you may still have to pay condominium fees in perpetuity. If the condo development does not have a reserve fund set aside for emergency repairs you may also wind up being hit with a special assessment fee.
Search results for

'Condominium Fee'

  • Condo-Buying Walkthrough: Condominium Fees | Investopedia

    http://www.investopedia.com/university/condo-buyers-guide/condo-buyers-guide6.asp
    ... fees. Prior to making an offer on a condominium unit, it is important to
    investigate the development's condominium fee history. The ...

  • An Introduction To Buying A Condominium

    http://www.investopedia.com/articles/pf/07/buy-condo.asp
    An Introduction To Buying A Condominium. June 25 2011 | Filed Under ยป Real ...
    One of them is a condominium. As you may already know, a ...

  • Condo-Buying Walkthrough: Obtaining A Mortgage For Your Condo ...

    http://www.investopedia.com/university/condo-buyers-guide/condo-buyers-guide9.asp
    ... The development management should be able to provide a condo questionnaire that
    provides information regarding condominium fee delinquencies, insurance and ...

  • 7 Homeowner Costs Renters Don't Pay - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/7-Homeowner-Costs-Renters-Dont-Pay.aspx
    ... 7. Home Owners' Association Fees Some developments charge a Home Owners'
    Association (HOA) fee or condominium fee. These fees often ...

  • Timeshares: Dream Vacation Or Money Pit?

    http://www.investopedia.com/articles/pf/08/timeshare.asp
    ... Words of Caution When you are standing in a beautiful condominium overlooking the ...
    The desirability factor aside, trading often results in an additional fee. ...

  • Renters' Guide: Considerations When Finding A Rental ...

    http://www.investopedia.com/university/renters-guide/renters-guide4.asp
    ... of apartment complexes from which to choose, as well as condominium units, townhomes ...
    no pet damage once the tenant moved out, or a non-refundable "pet fee". ...

  • 4 Overlooked Homeownership Costs

    http://www.investopedia.com/articles/mortgages-real-estate/08/cost-of-owning.asp
    ... ve paid off the mortgage, you still owe what amounts to a monthly fee to the ... the
    best investment in terms of appreciation potential, the condominium owner doesn ...

  • Tax Deductions For Rental Property Owners

    http://www.investopedia.com/articles/pf/06/rentalowner.asp
    ... return preparation fee; Losses from causalities (hurricane, earthquake, flood, etc.)
    or thefts. Condominiums and Cooperatives If you own a rental condominium or ...

  • Should You Buy Property On Leased Land?

    http://www.investopedia.com/articles/mortgages-real-estate/08/leased-land.asp
    ... is lower, but you'll also have to pay a significant monthly land lease fee. ... community
    at a lower price than a traditional home or condominium, rather than ...

  • 9 Things You Need To Know About Homeowners' Associations

    http://www.investopedia.com/articles/mortgages-real-estate/08/homeowners-associations-tips.asp
    ... Home Insurance, Personal Finance, Real Estate. When you purchase a condominium,
    townhouse or ... ask your HOA the following questions: How are HOA fee increases set ...

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