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Old 02-18-2013, 10:36 AM
 
Location: CT
6 posts, read 7,260 times
Reputation: 15

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Quick question!

Here in Brazil, when you rent an apartment you pay the complex admin fees in addition to the agreed rental price. Been looking at rentals in CT to get a feel for pricing and was wondering how it works in the US. Does the advertised rental include condo fees or are these paid additionally?

TIA!
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Old 02-18-2013, 12:42 PM
 
Location: Connecticut
24,593 posts, read 40,150,372 times
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Condo fees are usually paid by the landlord, not the tenant. Jay
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Old 02-18-2013, 01:32 PM
 
Location: In a house
13,258 posts, read 34,636,559 times
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Some landlords who intentionally rent their units for income, will build the fee into the rental price. So if the monthly rent is $1000, it's possible that $100 of that is going toward the condo fee, and the "rent" itself is really only $900.

It's all six of one and half a dozen of the other - generally though, any fees are either incorporated into the monthly rental price, OR the landlord absorbs the cost himself. The condo management's agreement is with the owner, not the tenant - and so it's the owner who is responsible for paying any fees.
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Old 02-18-2013, 05:41 PM
 
Location: CT
6 posts, read 7,260 times
Reputation: 15
Great! Thank you JayCT and AnonChick. Thay's the budgeting info I needed.
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