Assessments Board Condominium Financial Governance

How Much Notice on Special Assessments?

K.R. from Hartford County writes:

Dear Mister Condo,

Hi! I would like to know how much notice a condo association must give unit owners for the due date of a special assessment fee payment. This assessment is on top of the regular monthly fee payment. Someone told me the required notice time is 30 days but I’d like to be sure. Thank you.

Mister Condo replies:

K.R., no two words get condominium unit owners more upset than “special assessment”. Depending on how large an assessment is, it can be a real problem for many condominium owners. Your question about the length of time for a required notice got me to thinking. Your 30 day notice sounded reasonable but I was not aware of a specific length of time required by law or by association rules. I asked a community association attorney friend of mine for his opinion. Here’s what he had to say:

State law sets deadlines for the Board to circulate a summary about the special assessment, but it says nothing about when the due date must be.  Unless the declaration or bylaws do so, the board is free to select any date it wishes as the due date for paying a special assessment.

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