Ask a real estate pro: How can we find out about upcoming assessments before we buy a condo?

/ Owner - December 21, 2023

Q: Before buying our unit, we rented another apartment in the condominium for a month and tried to meet as many people, including staff, to learn as much as possible. Shortly after we bought our unit, the building passed a special assessment to boost reserves. We were sent a letter about another assessment to go with the annual dues increase. When I asked about these increases, I learned that the building needed repairs and is having a dispute with the developer about construction defects.   Read the Q&A…………………………..

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