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Co-op fees pay the bills received by the corporation that operates your building. You pay a pro-rated share of these bills, depending on the size of the unit to which you have been given a proprietary lease.
Typically, the fee covers mortgage payments, taxes, utilities and maintenance, and more, depending on your building's expenses.
Your treasurer can help you understand what's covered by your fees.
You can read more, below.
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What actors and actresses appeared in Whitehall - 2009?
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