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2. What is the special assessment fee for? - AOL

   www.aol.com/finance/excessive-miami-condo-owners...

   A $21 million special assessment fee has outraged residents of two 16-year-old buildings at 1060 Brickell in Miami, Florida, with some unit owners facing individual bills exceeding $40,000. Don't miss

3. Homeowner association - Wikipedia

   en.wikipedia.org/wiki/Homeowner_association

   Special assessments often require a homeowner-vote if the amount exceeds a prescribed limit established in the association's by-laws. In California, for example, a special assessment can be imposed by a board, without a membership vote, only when the total assessment is five percent or less of the association's annual budget. Therefore, in the ...

4. Maryland House Bill 107 - Wikipedia

   en.wikipedia.org/wiki/Maryland_House_Bill_107

   In November 2024, residents of the Rockland Run condominium community, of 241 units, in Baltimore County, shared their concerns with The Baltimore Banner about rising costs, including a 15% raise in dues and a "$250,000 special assessment" that has to be split among residents, and noted that one resident asked the Maryland Office of the ...

5. ‘I’ve paid about $20,000 in additional assessments’: Florida ...

   www.aol.com/finance/ve-paid-20-000-additional...

   Smith has paid an extra $20,000 over two years for special assessments at her Point Brittany building, money meant to cover unexpected or major repairs that cannot be paid via the condo ...

6. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Procedures vary by jurisdiction. In Louisiana, no formal notice is required; instead, the assessor "opens" the books to allow property owners to view the valuations. [39] Texas and some other jurisdictions also require that the notice include very specific items, and such notice may cover multiple taxing jurisdictions.

7. 'I needed to return to work': Florida condo owners face ... - AOL

   www.aol.com/finance/needed-return-florida-condo...

   Per the new Florida law, all three-story-plus condo buildings and at least 30 years old must undergo a mandatory engineering assessment before Dec. 31, 2024. Condo associations must also shore up ...

8. Property tax - Wikipedia

   en.wikipedia.org/wiki/Property_tax

   A special assessment tax is sometimes confused with property tax. These are two distinct forms of taxation: one (ad valorem tax) relies upon the fair market value of the property. The other (special assessment) relies upon a special enhancement called a "benefit" for its justification. The property tax rate is typically given as a percentage.

9. South Florida condo owners are dumping their homes after ...

   www.aol.com/finance/south-florida-condo-owners...

   The Cricket Club’s condo board recently proposed a nearly $30 million special assessment for repairs, like roof replacement and facade waterproofing — coming to more than $134,000 per unit owner.