10-30-2012 08:54 PM
I'm interested in possibly living in Atlanta...but was hoping that someone here can help clarify something. I'm familiar with condo fees, but what is the "Lot/Track/Suite/Etc" fee? I'm assuming this is a yearly fee? Is this paid to the city or to the building?
11-15-2012 07:38 PM - edited 11-15-2012 07:41 PM
odd...it's on almost every redfin condo listing in atlanta...but here's an example:
- Subdivision: 1010 Midtown
- CNTY: Fulton
- Quadrant: NE
- Land Lot: 106
- District: 17
- Lot/Track/Suite/Etc: $1,514
11-16-2012 08:12 AM
Just a guess:
Maybe the $ is incorrect. That example is *Unit* 1514, and lists the Lot/Track/Suite/Etc. as $1,514. Other examples also seem to have the Unit number in this field. So, I'm guessing that Redfin is incorrectly marking this as a monetary amount.
11-16-2012 12:34 PM
That is exactly correct! Nice catch!....and why I was not familiar with this "fee"
I also did not recognize the field immediately because it is only coding it as a monetary field in the GaMLS listings and not in FMLS listing.
I have sent this issue to our engineers to resolve.
In Summary: This is NOT a fee, but rather the Suite or Unit # of the condo.