What is typically included in coop fees?

Answer Co-op fees pay the bills received by the corporation that operates your building. You pay a pro-rated share of these bills, depending on the size of the unit to which you have been given a propriet... Read More »

Top Q&A For: What is typically included in coop fees

What is included in condo fees?

Depends on the association. You pay assessments monthly, and they are an automatic part of condominium ownership, usually.You can ask your treasurer for a copy of the annual budget, so that you und... Read More »

What is included in association fees for homes?

Your association 'earns' its income to pay its bills from owners' assessments. Every association is different from every other association, in terms of the bills it pays for services. Typically, a... 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 »

In relation to collecting condo fees what are actual attorney fees and costs?

Since every set of circumstances is different, there is no exact answer to your question. Here are some of the variables to consider: The attorney's hourly feesThe filing fees for filing the lienT... Read More »