Would I still have to pay utilities on a condo if there's a maintenance fee?

Question

I'm a bit confused as to what's included in a condominium maintenance fee. Would I still have to pay gas, heat, water, electricity, etc. in addition to tax and the mortgage payment?

Answer 1

yep each unit is hook up independently of the others so you will have all the utilities bills the maintenance fee is to pay for the common areas, also be ware in a condo anytime a common area need to be replaced IE roof, elevator you will be assessed additional fee payable that year

read the condo by laws before you buy they will tell you what you can and can not do with your condo, in a condo the condo by laws and not property rights will control what you can do to your own place

Answer 2

Well yes, utilities are the tenants responsibility. The Home Owners Association by charter and agreement when you buy into the property takes care of common areas and building maintenance when you pay your fees.

Answer 3

This depends on the Association. In some cases part of the utilities are included but normally not. You will be responsible for all of the electricty, heat AC and water. You will have to look at the HOA agreement to see exactly what it includes.

Answer 4

many times, the condominium association's coverage will conceal the form of the development, or perhaps if's interior the partitions- plumbing, etc. The condominium association's coverage will additionally conceal the exterior partitions (those uncovered to the climate) and the huge-unfold areas. interior the quite condominium is all your duty- fireplace, theft, sources proprietor's insurances, etc. Taxes could be paid as in case you owned a house... you very own the condominium. Utilities are many times all your duty, until the condominium covers utilities, and many times that's purely warmth and warm water. electricity, telephone, television, that's all you. upkeep expenditures additionally are separate, and many times paid one after the other among the loan. additionally, if there is any considerable upkeep to be finished to a different development interior your complicated, you (and the different individuals of the association) could desire to get hit with a "particular assessment" the place anybody kicks in money for the capital upkeep of the condominium complicated.

Answer 5

Yes.
The maintenance fee usually encompasses grounds keeping and the like (parking lot maintenance, tree pruning, pool maintenance, that sort of thing). You are responsible for your own utilities.

Answer 6

Yes.....Your maintenance fee only takes care of street cleaning, outside street lamp lights, & sometimes maintaining front lawn & plants.