What is included in the condo fees I pay?

Condo fees are regular payments made by the owners of a condominium in order to maintain the building and facilities. In Oregon, condo fees typically cover the cost of certain services and upkeep of the building, including landscaping, garbage collection, water and sewage services, and insurance. Condo fees may also cover the cost of necessary repairs and improvements to the property. For example, if the building needs a new roof, the condo fees may cover the expense. In addition, the fees may cover the cost of regular maintenance such as painting and carpet cleaning. The fees can also include the cost of certain utilities, such as electricity, gas, and even cable and internet services. Finally, condo fees may also cover administrative costs associated with the condominium, such as accounting and legal fees. In summary, the condo fees you pay as a condominium owner in Oregon typically cover the cost of building and facility upkeep, repairs and improvements, utilities, and administrative costs. By paying your condo fees on time, you can help ensure that your building remains well-maintained and enjoyable for all its owners and occupants.

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