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WHY ALL CONDO OWNERS SOMETIMES GET ASSESSED WITHOUTRECEIVING BENEFITS
Robert J. Bruss
June, 19
DEAR BOB: Our condo homeowner's association (HOA) got
assessed $6,000 each for replacement of roofs, which we have to pay even if we
sell the condo and move out. My roof was replaced last year, but they still
want me to pay $6,000. What can I do? --Rita S.
DEAR RITA: Your HOA did not get assessed. Instead, the HOA
is assessing the individual condo owners $6,000 each to replace the roofs.
That's the way HOAs work. It's like a mini-democracy. Even
when your individual condo unit won't directly benefit, you are subject to
special assessments approved by the HOA board of directors, which benefit the
entire condo complex but not your specific unit.
(For more information on Bob Bruss publications, visit his
Real Estate Center). Copyright 2006 Inman News
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