Maintenance Fee
/ˈmeɪntənəns fiː/
Definitions
- (n.) A periodic charge imposed to cover the cost of upkeep, repair, or management of property or contractual rights.
The condominium association charges a monthly maintenance fee to all unit owners.
- (n.) A recurring payment made to sustain legal rights, such as patent enforcement or trademark registration.
The patent owner must pay a maintenance fee to keep the patent in force.
Forms
- maintenance fee
- maintenance fees
Related terms
See also
Commentary
Use precise context to distinguish maintenance fees related to property upkeep from those sustaining intellectual property rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.