How much can an property maintenance fee be increase by condo association?

Read your governing documents to determine how the board can develop an annual budget for assessments, in order to pay the expenses for maintaining, securing and preserving the real estate assets that all owners own in common.

There may or may not be a number: in some states, if increases exceed a number, say 25% in any year, qualified mortgage lenders must be notified.

Your treasurer or association manager can help you understand the basis for increased assessments year over year.