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condominium fee

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A monthly fee assessed by an association on the owners of condominiums to cover the cost of maintenance, repairs, and security of buildings and common areas. The amount of the fee is determined by the association and usually represents a proportionate share of total expenses based on the size of the condominium unit.
  • encumbrance

  • leasehold impro...

  • demising wall

  • development

  • leasehold inter...

  • mortgage

  • aggregate

  • freehold estate

  • survey

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