What does HOA/Maint means?

Asked by Trung.nt2k, San Jose, CA Sat Jun 20, 2009

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Faye Doyle, Agent, Sarasota, FL
Sun Jun 21, 2009
These fees are usually higher in golf (not Gulf) communities.
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Teresa M. Fe…, Agent, Sarasota, FL
Sat Jun 20, 2009
Hi Trung.nt2k

HOA means Home Owners Association and Maintenance Fee is usually for condo fees. If the property is listed in a community where there is mandatory requirements to join a Home Owners Assoc. Then fees would be charged on a monthly, quarterly or yearly basis to cover the costs of maintaining the community grounds, pool, clubhouse and or etc. Maintenance fees in a condo complex cover the same. All of the public areas and recreational areas. These fees vary according to community and how much maintenance might be required for upkeep.

My best,
Terri

Teresa M. Fellows
Broker/Associate
Waterside Realty LLC
941-350-4297
tmf4257@mac.com
http://www.floridawestproperties.com
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