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Understanding HOA Special Assessment in Detail 

Understanding HOA Special Assessment in Detail 

HOA | Condo Board Responsibilities and Education, HOA | Condo Rules & Regulations and Enforcement, HOA | Condo Financial, HOA | Condo Board and Annual Meetings

If you are a homeowner in a planned community, there is a good chance that you will have to pay special assessments at some point. Special assessments are an extra fee that homeowners pay to the association in addition to the regular assessments. Generally, the board of directors will only impose special assessments in the case of unexpected expenses or insufficient reserve funds In this blog post, we will discuss what special assessments are, how they are calculated, and when they are due. We will also provide some tips for dealing with them if they come up in your community.

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By Jennifer Harvey on May 10, 2022 4:30:00 PM
   
Understanding HOA Special Assessment in Detail 

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