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What does the monthly “Common Charge” in a Condo include?

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What does the monthly “Common Charge” in a Condo include?

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Common charges cover the overall building expenses, such as staff (doormen, super, etc.) salaries, heat and hot water, insurance, repairs and maintenance. The Condo common charge does not include your real estate tax, as each apartment in a condominium receives its own tax bill.

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