Condo Q&A

Handling Special Assessment Funds

Written by CondoAssociation.com | Tue, Jan 27, 2026 @ 04:00 PM

This question wassubmittedbyMaureeny C. ofFlorida 

When a management company collects special assessment funds, are they required to be kept separate, or can they be combined with regular monthly assessment funds in the community’s operating account?