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What's included in an association assessment fee?

Author's Note

Association assessments demonstrate the ounce-of-prevention-versus-pound-of-cure truism. Unless the condo owner is a would-be Vegas gambler, paying small incremental increases as part of monthly fees seems preferable to the risk of being hit with a four-digit assessment.

Related Articles


  • Association Reserves, Inc. "Reserve Study or Reserve Funding Legislation by State." December 2011. (July 13, 2012)
  • Gundersun, Amy. "Home Away: Special Assessments: When Your Board Wants More of Your Money." The New York Times. April 11, 2007. (July 10, 2012)
  • Illinois Legal Aid. "Collecting Assessments From Delinquent Condominium Owners." (Nov. 2010) (July 10, 2012)
  • Lending Tree. "A Beginner's Guide to Condominiums." (July 8, 2012)
  • Morris, William. "It's the Law: Condo Assessments Must Be Paid." Feb. 11, 2008. (July 8, 2012)
  • "Condo Assessments." (July 10, 2012)
  • Pirraglia, William. "What Are the Duties of Condominium Boards?" San Francisco Chronicle. (July 23, 2012)
  • Senay, Kay. "Condominium Assessment -- I Just Keep Paying!" (July 10, 2012)
  • Thompson, Richard. "An In-Depth Look at Reserve Funds." Florida Community Association Journal. (July 13, 2012)
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