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As I understand how the word is used in Spain, it appears to be a fee assessed of those who live in a building (like condominiums). The fee helps defray the costs of ongoing maintenance (like to replace light bulbs in the stairwells or for new paint).
Here, in the USA, if you live in a condominium, you pay a condominium fee. In planned living areas (gated community, small complex of houses, condos, duplexes, etc.), the fee is called a homeowners association (HOA) fee.
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