maintenance fees

Recurring property charges

Maintenance fees are recurring charges paid to keep something in good standing.

In real estate, they cover upkeep of common areas in condominiums or homeowners associations: Our maintenance fees went up again this year.

Financial accounts may charge maintenance fees for basic services.

Patents and trademarks require maintenance fees to remain active.

The term implies ongoing obligation rather than one-time payment.

Opposites
ongoing vs one-time costs

maintenance feespurchase price

Money paid for acquisition

acquisition cost · one-time fee · down payment · closing costs · initial investment

cost vs income

maintenance feesrental income

Earnings from leased property

revenue · dividends · passive income · returns · profit

preservation vs neglect

maintenance feesdeferred maintenance

Postponed upkeep work

neglect · deterioration · abandonment · disrepair

Family

maintenance, fees, maintain, maintainer, maintained, maintaining, maintainable, unmaintainable, tenant

Familiarity
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