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2. The Poison Pill Facing Florida Condo Owners - AOL

   www.aol.com/poison-pill-facing-florida-condo...

   Imagine being a property owner in a condominium who is humming along paying the mortgage and then getting a letter from your homeowner's association (HOA) informing you of a six-figure assessment.

3. ‘It’s excessive’: Miami condo owners slapped with shocking ...

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   A special assessment fee is paid by condo owners on top of their usual monthly maintenance fees. According to the report, the condo board approved the special assessment fee based on findings from ...

4. 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 ...

5. Property condition assessment - Wikipedia

   en.wikipedia.org/wiki/Property_condition_assessment

   Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.

6. Property tax in the United States - Wikipedia

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

   In many states, the process of assessment and collection may be viewed as a two-year process, where values are determined in the first year and tax assessed and paid in the second. [36] Most jurisdictions encourage property owners to declare the value of their property at the start of the assessment process.

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. Payment in lieu of taxes - Wikipedia

   en.wikipedia.org/wiki/Payment_in_lieu_of_taxes

   The size of such payments can be controversial, especially where the organization appears to have federal income from taxable activities. For example, the tax-exempt Appalachian Mountain Club operates a modern hotel for its members in Carroll, New Hampshire, paying a negotiated PILOT amount to the town. A competing commercial hotel would also ...

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