Home Owner Association

2. First-Time Home Buyers

Home Owner Association FAQs: HOA Special Assessment Rules

1. A Special Assessment Is a One-Time Fee for Unexpected HOA Expenses While monthly HOA dues cover regular expenses like landscaping or pool maintenance, a special assessment is an extra charge that covers major, unplanned costs. These might include:  Emergency roof or plumbing repairs Big upgrades to shared spaces (like elevators, fences, or driveways) Legal fees or insurance shortfalls after storms

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