Q: Our condo board just passed a huge special assessment to fix the roof. I live on a fixed income and cannot afford to pay it. Is there anything I can do? — Ruth Ann

A: Special assessments can be a financial challenge for condominium owners, especially when they come unexpectedly.

These assessments are typically levied when the association’s reserve funds are insufficient to cover necessary repairs, upgrades, or other significant expenses.

While procedures for handling special assessments can vary depending on your condominium’s governing documents and state laws, the general principles are consistent.

All unit owners are required to pay the special assessment. When you purchased your condo, you agreed to follow your association’s rules, which include contributing to shared expenses.

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