### Break Down the Problem
1. Identify the definitions of recurring costs.
2. Analyze each option to determine if it qualifies as a recurring cost.

### Relevant Concepts
- **Recurring Costs**: Expenses that occur regularly, typically on a monthly or yearly basis. Examples include rent, utilities, and insurance premiums.

### Analysis and Detail
1. **Stamp Duty**: This is a tax paid on legal documents, usually when purchasing property. It is generally a one-time cost, therefore it does not recur.
2. **Conservancy Charges**: These are fees paid for the maintenance of communal areas, usually charged on a regular basis (monthly or yearly), qualifying them as recurring costs.
3. **Property Tax**: This is an annual tax imposed on property owners, making it a recurring expense.
4. **Property Insurances**: Insurance premiums are typically paid annually or monthly, thus they are also recurring costs.

### Verify and Summarize
Among the options provided, Stamp Duty is the only example that does not fit the definition of a recurring cost, as it is paid only when property transactions occur.

### Final Answer
**Stamp Duty** is not an example of a recurring cost.

Question

### Break Down the Problem
1. Identify the definitions of recurring costs.
2. Analyze each option to determine if it qualifies as a recurring cost.

### Relevant Concepts
- **Recurring Costs**: Expenses that occur regularly, typically on a monthly or yearly basis. Examples include rent, utilities, and insurance premiums.

### Analysis and Detail
1. **Stamp Duty**: This is a tax paid on legal documents, usually when purchasing property. It is generally a one-time cost, therefore it does not recur.
2. **Conservancy Charges**: These are fees paid for the maintenance of communal areas, usually charged on a regular basis (monthly or yearly), qualifying them as recurring costs.
3. **Property Tax**: This is an annual tax imposed on property owners, making it a recurring expense.
4. **Property Insurances**: Insurance premiums are typically paid annually or monthly, thus they are also recurring costs.

### Verify and Summarize
Among the options provided, Stamp Duty is the only example that does not fit the definition of a recurring cost, as it is paid only when property transactions occur.

### Final Answer
**Stamp Duty** is not an example of a recurring cost.

Knowee AI · Accepted Answer

### Break Down the Problem
1. Identify the definitions of recurring costs.
2. Analyze each option to determine if it qualifies as a recurring cost.

### Relevant Concepts
- **Recurring Costs**: Expenses that occur regularly, typically on a monthly or yearly basis. Examples include rent, utilities, and insurance premiums.

### Analysis and Detail
1. **Stamp Duty**: This is a tax paid on legal documents, usually when purchasing property. It is generally a one-time cost, therefore it does not recur.
2. **Conservancy Charges**: These are fees paid for the maintenance of communal areas, usually charged on a regular basis (monthly or yearly), qualifying them as recurring costs.
3. **Property Tax**: This is an annual tax imposed on property owners, making it a recurring expense.
4. **Property Insurances**: Insurance premiums are typically paid annually or monthly, thus they are also recurring costs.

### Verify and Summarize
Among the options provided, Stamp Duty is the only example that does not fit the definition of a recurring cost, as it is paid only when property transactions occur.

### Final Answer
**Stamp Duty** is not an example of a recurring cost.

Which of the following is not an example of a recurring cost?Stamp DutyConservancy chargesProperty taxProperty insurances

Question

Which of the following is not an example of a recurring cost?

Solution

Break Down the Problem

Relevant Concepts

Analysis and Detail

Verify and Summarize

Final Answer

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