What is included in the condo fees I pay?

Condo fees are a regular cost associated with owning a condominium in California. The fees cover a variety of expenses related to maintenance and management of the condo building or complex. Generally, these fees cover the costs of utilities, such as water, gas, electric, and trash, as well as ongoing repairs and improvements. As a part of the homeowner association dues, these fees may also cover the cost of maintaining common areas such as pools, exercise facilities, and gardens. In addition, condo fees may also pay for security personnel and security systems if the development provides them. Depending on the building or complex, dues may also be used to pay for the salaries and benefits of on-site staff such as janitors, maintenance workers, and perhaps a concierge. Finally, condo fees may also include the cost of insurance for the building and its amenities. No two condo associations are exactly alike, so the expenses covered by condo fees can vary. If you are considering purchasing a condominium in California, it is wise to research the details of the individual homeowner’s association and familiarize yourself with what is included in the condo fees.

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What is included in the condo fees I pay?

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