Share Value and Maintenance Fees
One of the considerations when purchasing a condominium development is the amount of maintenance fees the homeowner has to pay. It may not be a significant amount but it may increase your monthly commitments considerably. In this article, we will understand how maintenance fees are determined by the amount of share value a condo unit owner has. Share value is a figure that shows the allocation of the proportionate share allocated to the owner in each strata unit in the