Condo Q&A

How to set up a special assessment to include payment terms

Written by CondoAssociation.com | Thu, Mar 3, 2016 @ 12:30 PM

My association is in the process of acquiring a loan for a roofing project.

Once completed, we will need to coordinate a special assessment for those that choose not to pay a lump some for their shared cost.

What is the best way to go about coordinating a special assessment and then servicing it? Where should we start?