Published by carratelli3 years ago

Condominium fees: what are condominium fees, the difference between ordinary and extraordinary fees, and who is responsible for paying them if the property is rented.

Condominium fees: what are they and who is responsible for paying them?

 

The condominium fees They represent a burden for all owners of a condominium property and concern the costs related to the management and maintenance of the common areas.

 

What are the condominium fees?

 

The condominium fees they can be:

  • - ordinary: these are all those foreseeable expenses that concern the normal maintenance and decoration of the building
  • - extraordinary: these are the extraordinary maintenance costs of the building which, by their nature, are unpredictable
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Ordinary expenses

 

To give a more precise idea, we can say that ordinary expenses include all interventions relating to:

  • - cleaning of stairs and common areas
  • - maintenance of the electrical system, internal and external lighting
  • - maintenance of the elevator, boiler (when centralized), electric gates
  • - condominium taxes and insurance
  • - stationery expenses
  • - compensation of the administrator and any other condominium employees (doorman)
  •  

These types of expenses are often mandatory, as they are necessary for the maintenance of the condominium, but they are voted on at the assembly and require a majority of the condominium members to be approved.

Expenses are not the same for everyone, but are divided according to the thousandths tables. These tables, which can vary depending on the type of expense incurred (overheads; stairs and elevator, etc.), identify the thousandths of each property (apartments, cellars, garages, etc. contribute to the calculation only for overheads) and are mandatory when the number of condominium members exceeds 10. Another criterion is the degree of use of the common property: those who live on the seventh floor, for example, will be charged a higher elevator fee than those who live on a lower floor. 

 

Extraordinary expenses

 

Extraordinary expenses include all renovation work on the building, including unnecessary improvements approved by the condominium owners.

 

In cases of urgent structural work (need for intervention on load-bearing walls, crumbling plaster, roof leaks, etc.), the law considers such work mandatory and non-deferrable. The administrator may, in the event of an urgent need for intervention, duly documented by technical reports, authorize the work, subject to the obligation to report the matter to the first meeting.

 

Whether ordinary or extraordinary expenses, condominium members must pay even if the apartment remains unused. In the event of persistent arrears, the administrator can interrupt the provision of common services: intercom, heating (if centralized), etc. 

 

When buying a new apartment in a condominium, the condominium fees they are the responsibility of the buyer starting from the moment the deed is drawn up.

 

Rent: Who pays? Condominium fees are borne by the owner.

 

In case of rent there are condominium fees paid by the tenant and condominium fees at the tenant's expense. 

 

All ordinary expenses are the responsibility of the tenant, who uses the spaces and services, while all extraordinary expenses, condominium insurance, and the administrator's fee are the responsibility of the owner. 

 

What if the tenant doesn't pay? The tenant can terminate the lease if the tenant fails to pay the condominium fees for more than two months.

 

Carratelli RE - Real Estate Services

 

Carratelli RE It is a strong presence in the real estate sector, where experience and professionalism are at your service for the search, sale, and management of properties.

 

For any type of request relating to the condominium sector, Contact us! 

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