How to pass a special assessment with less pain

In the language of community associations, the words “special assessment” are among the most heated. No one enjoys being commanded to come up with extra money, but few associations can avoid the occasional levy.  A special assessment is an amount owners must pay in addition to their regular monthly or quarterly dues. Such assessments typically are used for big-ticket items like new roofs or boilers, to make up for budget shortfalls or to earmark for future expenses. Owners sometimes protest and, in extreme cases, have been able to block the special assessment entirely.  Read the article……………


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