Co-op dues more expensive than condos in San Francisco
A reader asks:Why are co-op dues generally more expensive than condos?
Our reply:
Often co-op dues are more than condos because there are more services and more employees. In the past co-ops used to have more services as in a doorman or management services. There are also extra costs due to management services and the additional bookkeeping since the corporation owns the building and the stockholders have a lease to occupy the units.
- Janis Stone
posted by SFResidence.com @ 7:32 AM
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