Property Management
A West Virginia condominium association assesses each unit owner monthly fees to cover common area maintenance. These fees are called:
ARent payments
BCommon area maintenance (CAM) charges or monthly HOA dues✓ Correct
CProperty tax payments
DSecurity deposits
Explanation
Condominium unit owners pay monthly HOA dues (or common area maintenance charges) to the association to cover costs of maintaining common elements, insurance on the building, and association management. These are governed by the condominium declaration and bylaws.
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