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How to calculate HOA or condo association fees?

| Budgets & Finance |   Fees, Foreclosures, Delinquencies & Collections |  


Question:

What is the norm in condo associations or HOAs for homeowner's dues or fees on different size condos i.e. is the amount that each owner pays figured by the square footage of what each owner owns or does each owner just pay the same?
 
Does everyone use the same calculation formula? 


Answers (26)

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