---
title: How long can a condo association hold onto assessment money?
description: Our condo will be collecting money from a special assessment, to be paid over a period of months. It will be used to replace roofs.
---

[Condo Q&A ](https://www.condoassociation.com/blog)

# [How long can a condo association hold onto assessment money?](https://www.condoassociation.com/blog/tabid/19257/bid/99789/How-long-can-a-condo-association-hold-onto-assessment-money.aspx)

 Written by [stephen polinsky](https://www.condoassociation.com/blog/author/stephen-polinsky) | Wed, Jul 3, 2013 @ 12:37 PM

Our condo will be collecting money from a special assessment, to be paid over a period of months. It will be used to replace roofs. How long may the association hold the money from the assessment before completing the work?

[View full post](https://www.condoassociation.com/blog/tabid/19257/bid/99789/How-long-can-a-condo-association-hold-onto-assessment-money.aspx)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "stephen polinsky"
  },
  "dateModified" : "2015-02-05T10:47:37.005Z",
  "datePublished" : "2013-07-03T12:37:00Z",
  "headline" : "How long can a condo association hold onto assessment money?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 60,
    "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
    "width" : 60
  },
  "mainEntityOfPage" : "https://www.condoassociation.com/blog/tabid/19257/bid/99789/How-long-can-a-condo-association-hold-onto-assessment-money.aspx",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://www.condoassociation.com/hubfs/Logos/CondoAsso-logo.png",
      "width" : 179.13875
    },
    "name" : "Condo Q&A"
  }
}
```