The Perks Of Having A Condo Association

The Perks Of Having A Condo Association - Some homeowners choose to live in a condo because of the luxury and convenience of having a homeowners association. No snow to plow and no grass to mow are just among the few things you can look forward to. So what else can you expect from a homeowners association?

The cost and what’s covered by a condo association fee will vary, but here are some of the most common services that a condo fee will cover:

• General building maintenance

• Salaries for the condo staff (cleaning staff, superintendent, lifeguard, etc.)

• Cleaning of windows and common areas such as a club house

• Garbage collection

• Landscaping

• Snow removal in lots and on sidewalks

• Security (ex. some condos have gated entry, or keep a security guard on staff)

• Pool and/or gym maintenance

• Elevator maintenance and repairs

• Pest control

• Parking facility (including garage maintenance and monitoring unless the garage is part of your unit)

• Heating, ventilation and air conditioning maintenance

• Management company and legal fees

• Insurance (this covers external aspects of the building only, it does not cover the inside of the unit or your possessions)

• Reserve funds used to finance any major repairs and/or renovations to the subdivision

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