All about association dues.
All condominium dwellers pay association dues. If you think you’re done with paying your monthly house bills, then you’re wrong. Having all the perks and privileges of a condominium comes with a price—a small price that is.
The fees are small but the coverage is big. The amount you pay to the administrator of the building is inclusive of security (for the security guards), use of amenities (pool and gym), maintenance (for keeping your hallways and garbage chutes clean), parking space (although a few condominiums exclude this) and many more.
Now, if you’ll get all these for a small fee, won’t you consider it a sweet bargain?
Photo taken from http://www.danakohut.com