In condo ownership all units share the cost of certain expenses including comprehensive insurance on replacement of the home and major repairs. Alll owners also participate in the costs to maintain any facilities such as a pool, excercise room or elevator. The condo fee is the monthly share of your maintenance fees that are paid to a master association that manages and handles the repairs and maintenance.
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The condo information as follows (per listing):
Condo/Coop Fee: $95.00/ Monthly
HOA/Condo/Coop Amenities: Common Grounds, Extra Storage, Fencing, Gated Community
HOA/Condo/Coop Rules: Covenants, Parking, Pets-Allowed, Restrictions
HOA/Condo/Coop Fee Includes: CAM, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Master Ins Policy, Reserve Funds, Snow Removal
Hope this helps, Happy Holidays!