Charging Special Assessments: Key Considerations for Condominium Boards (IL)

/ Owner - October 3, 2024

Special assessments are often necessary for covering unexpected or large-scale expenses, such as major repairs, improvements, or emergency costs. However, handling these assessments effectively is critical to ensuring fairness and maintaining financial stability for your association. Here are some key considerations for condominium boards when charging special assessments.    Read the article…………………………….

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