Answers
The questions owners ask most.
Can my HOA or condo board charge a special assessment without a vote?
Often yes, up to a limit or in an emergency. Above that, owners usually vote.
Can I dispute a special assessment?
Yes. Start by getting the records, then raise specific problems in writing.
What happens if I can't pay a special assessment?
Late fees, interest, then a lien. Ask for a payment plan before the due date.
Does insurance cover special assessments?
Sometimes, through loss-assessment coverage, when the assessment comes from a covered loss.
Selling a condo with a special assessment: who pays?
It's negotiable, but buyers usually expect the seller to pay or credit it.
How to pay a large special assessment
Lump sum, board payment plan, home equity loan or personal loan. Compare the monthly cost.
Florida milestone inspections and SIRS, explained for owners
Older condo buildings must be inspected and must fund structural reserves. That's driving assessments.
My HOA fees went up a lot. How much of an increase is legal?
It depends on your state and documents. Some cap increases without a vote; many don't.
Buying a condo with a special assessment: what to check first
Find out who pays, how much, and whether more is coming, before your contingency ends.
What to look for in a condo reserve study
Percent funded, the big repairs coming in the next five years, and whether the board follows the plan.