Are there limits on how much I can be charged for condo fees?

Yes, there are limits on how much you can be charged for condo fees in Pennsylvania. The Real Estate Seller Disclosure Law, regulations of the Condominium Act, and the Condominium Unit Price Control Law all set limits on how much can be charged for condo fees. The Real Estate Seller Disclosure Law requires that a seller in Pennsylvania must provide the buyer with a disclosure statement, which includes a statement of the existing and proposed fees. This is included to inform the buyer of any changes in the fees since the unit was originally sold. The Condominium Act requires that condo fees must be in line with the cost of providing services to the unit owners. This includes services such as maintenance, repair, insurance, and garbage collection. The Condominium Unit Price Control Law limits the amount of fees that can be charged to the unit owners by the condominium association. It is important for prospective buyers to be aware of the fees associated with a condominium unit and to understand the restrictions on how much they can be charged. The law in Pennsylvania provides important protections for buyers in this area, and it is important to be aware of these laws and their implications.

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