The maintenance fee on a condo covers the costs of the common areas of the condominium development. These are things such as hallways, gardens roof, exterior and the maintenance thereof. For some it can also include garbage and snow removal.
If I can be of further assistance, please let me know. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
the property insurance, maintenance of common areas in the co-op,staff etc.
Condo fees typically cover what is normally paid separately in fee simple ownership.
Licensed Real Estate Agent
Century Homes Realty Group
Direct Line: 347-932-0609
Also note the financials of each condominium association you are interested in. Key items to look at are expenses and reserves. The association can assess a special assessment if the HOA fee is not sufficient so it is important to look at all the details.