Condo associations and HOAs occasionally face financial distress that can disrupt operations, delay maintenance, and create legal challenges for boards and owners. Understanding the consequences and your options is critical to protecting your property and investment....
A special assessment is an additional charge assessed by a Homeowners Association (HOA) to cover the cost of repairs or improvements to the common areas of the community. Special assessments are important to HOAs in Florida for a variety of reasons. They: Provide a...