Can I be charged for a special assessment if the condo complex needs repairs?

Yes, you can be charged for a special assessment if the condo complex needs repairs. The California Civil Code Section 1366.1 specifically outlines how special assessments may be imposed. According to the Code, special assessments may be used to cover the cost of replacing or repairing common areas, making improvements, such as landscape upgrades or installation of amenities, or paying delinquent assessments. Additionally, they may be used to cover any other legal expenses that are approved by a majority vote from the condo owners. Before a special assessment can be imposed, the condominium board must submit a written notice to the owners about the proposed assessment. This notice must include the reason for the assessment and the amount each owner will be expected to pay. A majority of the owners must approve of the assessment for it to be imposed. If a special assessment passes, the condominium board may carry out the repairs and improvements. Owners are responsible for paying the assessment within the timeline set out in the notice. If an owner fails to pay the assessment on time, they may incur late fees and interest charges, as well as other legal action. In summary, yes, you can be charged a special assessment if the condo complex needs repairs. The California Civil Code provides the legal framework for when and how this assessment can be imposed. All owners must be given proper notice of the proposed assessment and must vote in favor of it before it can be imposed. If you fail to pay the assessment on time, you may incur late fees and additional costs.

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Can I be charged for a special assessment if the condo complex needs repairs?

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