Condominium Dues / Association Dues
Condominium dues (association dues) are monthly fees paid by unit owners to the condominium corporation for maintenance of common areas, building insurance, security, and property management. Computed per square meter of unit floor area.
📄 Overview
Condominium dues (also called association dues or condo fees) are regular payments made by unit owners to the condominium corporation to fund the operation, maintenance, and administration of the condominium's common areas and shared services. These dues are a mandatory obligation of ownership and are enforceable under the Condominium Act and the condominium corporation's by-laws.
📄 What They Cover
Condominium dues typically fund: security services (guards, CCTV), common area electricity (hallways, lobby, elevators, amenities), water supply for common areas, elevator maintenance, cleaning and janitorial services, landscaping and garden maintenance, pest control, building insurance, property management fees, garbage collection, swimming pool and gym maintenance, administrative costs, and contributions to the sinking fund. Some dues also cover wastewater treatment, fire protection systems, and backup generator fuel.
📄 How They're Calculated
Dues are typically calculated based on the unit's floor area (per square meter rate) or proportional share of the condominium's total common area expenses. The rate is determined during the annual budget approval process by the Board of Directors. In Metro Manila, dues range from PHP 30-80 per sqm per month for mid-range condos, PHP 80-150 for premium developments, and PHP 150-300+ for luxury buildings. A 30-sqm studio unit might pay PHP 1,500-9,000 monthly depending on the development tier.
📄 Non-Payment Consequences
Failure to pay association dues can result in: accruing interest and penalties (typically 1-2% per month), suspension of amenity access, inability to obtain a certificate of good standing (needed for unit resale), legal action by the condominium corporation, and potential lien on the unit. The Condominium Act allows corporations to charge interest on overdue amounts and pursue collection through legal means.
🇵🇭 Philippine Context
Condominium dues are governed by the Condominium Act (RA 4726) and the condominium corporation's declaration of restrictions. The Supreme Court has ruled that association dues are a valid charge and non-payment is a ground for legal action. For investors, dues are a significant factor in calculating net rental yieldu2014typically reducing gross yield by 1-2%. For end-users, dues are the cost of maintaining the property's condition and amenities, directly affecting resale value and quality of life.
🔗 Related Topics
Condominium Corporation, Sinking Fund, Property Management, Master Deed, Condominium Investment