Exploring how the “The Monthly Assessment” is determined

November’s column generated an interesting and challenging conversation with a reader about his condo’s monthly assessment and how it was determined. Specifically, that conversation related to the recent increase of 23 percent in the monthly assessment, the reason behind the dramatic change, and the procedures for determining and adopting the monthly assessment. We cannot discuss all the issues related to those topics in this column, but it’s worthwhile to begin a series of conversations here about “The Monthly Assessment.”     Read the article………….


Related Articles

The Need-to-Knows of Living in a Condominium Development – Part One: The Public Offering Statement (NJ)

No matter whether you are a first time home buyer or veteran repeat purchaser chances are you have been mentally

Wi-Fi Safety Around Pools, Public Buildings

Many homeowners associations offer free Wi-Fi around public areas such as pools and clubhouses. In order to make use of