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What is a special assessment?

Your Business is Our Business Request Free Consultation *First Name *Last Name *Phone *E-Mail Address How can we help? Submit Request Property & Casualty Property & Casualty Insurance Bad Faith Insurance Litigation Auto Liability Fire Claim Flood/Water/Mold Sinkhole Claims Structural Defects Business & Corporate Litigation Business & Corporate Litigation Commercial Litigation Breach of Contract Family Law Family Law Alimony Divorce Property Division Timesharing & Parenting Plans What is a special assessment in a homeowner’s association? Special assessments come up when the association doesn’t have budgeted funds to pay for something. Normally, if there’s expenditures, if there’s planned repairs, the association’s going to budget for that in advance. If we have community property, a pool, a clubhouse, when repairs are needed for the pool or the clubhouse, that’s going to be budgeted for. Those are going to be regular assessments that you’re going to pay. When something pops up outside the ordinary, something on an emergency basis or just something that simply wasn’t planned for, that’s going to be assessed against all the homeowners as a special assessment over and above the general assessments. HD Law Partners is proud to be your trusted full-service law firm Quick Links Property & Casualty Business & Corporate Litigation Family Law Contact Us Careers Get In Touch 2002 North Lois Avenue Suite 510 Tampa, FL 33607 813-253-5333 Contact Us