A special assessment is an additional amount an association may collect to address a funding need beyond its regular assessments. The reason and amount must be understood in the context of your own association.
If you receive a notice, read it for the purpose, payment instructions and any participation or approval steps. The process depends on the association’s governing documents and applicable requirements.
This general explanation does not announce or approve a special assessment. Ask our team about the actual notice for your community if anything is unclear.
For your community
Find your association’s documents and homeowner links, or contact our team for help with your situation.
Find your community →General educational information. Your community’s governing documents, notices and applicable requirements determine the process for your association.