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Condominium Fee

Contributions of the condominium owners.

The condominium fee consists of the monthly advance payments that condominium owners make for managing the joint property and for the maintenance reserve. It is set through the budget plan and accounted for each year.

The relevant statutes

§ 28 WEG

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General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.