Search for special assessments

There are very specific statutory requirements for levying a special assessment in a condominium.

Your governing documents must be reviewed to determine who votes on the special assessment (Board, membership, or both), and the notice period for the …

Special assessments happen.  The unfortunate reality is that during the life of a condominium building some unexpected expenses are going to arise and the association must take steps to fulfill its obligations to the membership.  If the operating budget cannot …

Two weeks ago today, Hurricane Irma tore through in Southwest Florida. All things considered, it could have certainly been much worse. However, it was as bad as it gets for those who lost their lives, and some communities suffered relatively …

Question:        I recently read one of your prior columns discussing the process for a condominium association to impose a special assessment and you stated that once an assessment has been levied, the Association should send out a notice …

Q: I understand that the board of directors of my condominium association has the authority to levy special assessments. However, is there any requirement on when special assessments must be due? Does the association have to allow at least 30 …

Many associations are looking to undertake major renovation and repair projects in 2022 and special assessments will be needed in many cases to fund those projects. Our webinar will answer your questions about the process your board must follow to levy …

Q: Our condominium association board levied a special assessment for Hurricane Irma damage. Our insurance claim settled for more than we expected, resulting in an excess of funds due to the special assessment. What happens to this leftover money? …

Question: Our subdivision has 20 platted lots. At the time of initial development, one owner purchased two lots and built one home on the combined lots. Our homeowners’ association has only assessed this owner as if he only …