Kiinteistönhoitomaksu

Kiinteistönhoitomaksu is a Finnish term that translates to property maintenance fee or property management fee. It is a recurring charge levied on owners of real estate, particularly in residential apartment buildings or housing cooperatives, to cover the costs associated with the upkeep and management of common areas and services. This fee is distinct from a mortgage payment or property tax.

The kiinteistönhoitomaksu typically encompasses a range of expenses necessary for the smooth operation and maintenance of the property. These can include regular cleaning of common spaces such as stairwells, hallways, and elevators, as well as landscaping and snow removal for outdoor areas. It also often covers routine maintenance of building systems like heating, ventilation, and plumbing. Furthermore, the fee may contribute to the salary of a building superintendent or property manager who is responsible for overseeing these tasks, handling administrative duties, and addressing resident concerns.

The specific amount of the kiinteistönhoitomaksu is usually determined by the housing cooperative's or building association's annual budget. This budget is based on projected expenses for the upcoming year. Individual owners contribute to this fee based on their ownership share in the property, often calculated by the size of their apartment or unit. Regular meetings of the owners' association are typically held to review the budget, approve expenditures, and make decisions regarding property maintenance and improvements, all of which directly impact the kiinteistönhoitomaksu.