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What’s included in my condo fee?
- Your condo fee is based on your percentage of ownership of the total property
- The budget for the community is made up of operating expenses (such as snow removal, landscaping, ongoing maintenance expenses and management fees); utilities (gas and water/sewer); and capital expenditures (monies for renovation/replacement of roofs, fences, roads, sidewalks, and other common elements)
- Your individual fee is your percentage of ownership multiplied by the total budget
- Together, we all contribute to the operation, maintenance and improvement of our community