Has your stomach ever dropped when you opened the envelope from your homeowners association and saw the words “special assessment?” If so, you’re not alone.  Special assessments can be scary creatures, and anyone who lives in a condo community dreads receiving one. Let’s take a little bit to explore what special assessments are, why they happen, why they are sometimes necessary and how we can try to avoid them.    Read the article………………………

Editor

Recent Posts

Brazil: Remote self-consumption: savings on electricity bills in residential condominiums

The advantages offered by solar energy systems, in the midst of a scenario in which…

5 hours ago

Enhancing Strategic Inquiry: Essential Questions for Community Association Decision-Making

Navigating the complexities of a community association often demands astute questioning to steer strategic initiatives…

7 hours ago

1st American Management Company’s experts break down HOA financial statements

In a homeowner association (HOA), the board of directors has a long list of responsibilities,…

7 hours ago

Can HOA boards skip meetings and elections? (NC)

WCNC Charlotte got this email from Florentina R.:  "Our HOA board has refused to conduct…

7 hours ago