RealManage Insight

Understanding the Why's Behind an HOA Special Assessment

Understanding the Why's Behind an HOA Special Assessment

HOA | Condo Legal, HOA | Condo Financial

 

An HOA special assessment is a fee that is charged to each housing unit within a development, to be used to cover an unexpected expense or other short-term occurrences. Special assessments are charged separately from your HOA fees, and they usually arise due to a shortfall in the reserves of the HOA.

By Staff Writer on May 30, 2017 7:30:00 AM
   
Understanding the Why's Behind an HOA Special Assessment

 

An HOA special assessment is a fee that is charged to each housing unit within a development, to be used to cover an...

By Staff Writer on May 30, 2017 7:30:00 AM
Strategies for Avoiding Legal Liability

Just when it seems that they are financially secure, condominium communities can experience liability lawsuits that threaten...

By Amanda Causey on Feb 19, 2015 8:00:49 PM