Condo Owners Association COA

Tuesday, 03 August 2010 19:48

Maintenance Fees

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FINANCIAL STRUCTURE OF A CONDOMINIUM

What determines your Maintenance Fee?

The Condominium Financials includes the operating budget, surplus of funds, contingency funds and the reserve funds of the Corporation.  The maintenance fee for each unit is assessed in relation to the square footage of the unit, parking and locker (if included).  The Budget will include all of the expenditures based on a fiscal year of operations.

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Linda Pinizzotto

Linda is the Founder & President of the Condo Owners Association (COA). Linda is very active in the community and has been a Realtor for over thirty years.

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