What’s the Difference Between Co-op Maintenance and Condo Common Charges?
What’s the Difference Between Co-op Maintenance and Condo Common Charges? As a first time home buyer, you’re probably wondering what’s the difference between co-op maintenance and condo common charges? Let’s break it down. Co-op Maintenance Co-op maintenance is a monthly charge that co-op shareholders pay. It usually covers the following items: Property taxes Underlying mortgage…