Condop subletting fees
Started by NYCREBUBBLE
over 1 year ago
Posts: 67
Member since: Sep 2008
Discussion about
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I am looking at a condop that has subletting fees of in the low teens % of annual maintenance, which seems reasonable. However, the building for years has been doing operating assessments on the real estate tax abatements. So if an owner were to rent out the property, would they be responsible for the recurring operating assessment (material $) as well as the additional maintenance fees? Thanks