Do all condos have association fees?

Answer Yes, generally. Associations levy assessments against unit owners in order to pay for communal expenses. These might include:Master insurance policy premiumsLandscape, pool, public recreational are... Read More »

Top Q&A For: Do all condos have association fees

How often do association fees need to be paid in condos?

Your governing documents are specific about your responsibility to pay your assessments. Sometimes, assessments are due on an annual basis and payable monthly.

If you own your home outright and the condo association has placed a lien on it for unpaid condo association fees can they take your home if the fees are not paid?

Yes.Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.When your board decides to file a formal lien, they are taking one of several ste... Read More »

What are the average condominium association fees and maintenance fees in 33434?

There is no standard for association assessments, because those funds pay for operations of the property. Expenses may include master insurance coverage, landscape work, association management, uti... Read More »

When a condo owner does not pay monthly fees can the association collect late fees or interest?

Yes, generally. Your governing documents could be very specific on this issue. (Generally, assessments are levied against owners in order to pay the operating expenses of the community. Often, not ... Read More »