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  2. Florida homeowners have no choice but to lower condo prices ...

    www.aol.com/finance/florida-homeowners-no-choice...

    Meanwhile, average U.S. condo list prices are up over 8%, according to Redfin. The major culprit? ... In some cases, condos that once had a $400 monthly maintenance fee may now have a $700 fee ...

  3. Condo HOA fees jumped 60% in South Florida in past 5 years ...

    www.aol.com/condo-hoa-fees-jumped-60-090000798.html

    August 8, 2024 at 2:00 AM. South Florida condo owners, burdened by spiraling insurance, repair bills and a new state law, saw their association fees shoot up nearly 60% over the past five years ...

  4. Common area maintenance charges - Wikipedia

    en.wikipedia.org/wiki/Common_area_maintenance...

    Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.

  5. Are high prices keeping you from achieving homeownership ...

    www.aol.com/finance/pro-tips-buy-condo-2024...

    Fees: In addition to your monthly mortgage payment, there will likely be a monthly fee to cover amenities, maintenance, insurance and reserves, which tend to increase over time.

  6. Timeshare - Wikipedia

    en.wikipedia.org/wiki/Timeshare

    This "must be paid yearly fee" would become the roots of what is known today as "maintenance fees", once the Florida Department of Real Estate became involved in regulating timeshares. The timeshare concept in the United States caught the eye of many entrepreneurs due to the enormous profits to be made by selling the same room 52 times to 52 ...

  7. Homeowner association - Wikipedia

    en.wikipedia.org/wiki/Homeowner_association

    A homeowner association [or homeowners' association (HOA), sometimes referred to as a property owners' association (POA), common interest development (CID), or homeowner community], is a private, legally-incorporated organization that governs a housing community and sets rules for its residents.

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