Special assessment in the HOA explained

Special assessment explained: why it is decided, how it is calculated, consequences for buyers, and the tax "outflow principle".

FAQ

Can I refuse a special assessment?

If the resolution was passed legally, you must pay. You can only challenge the resolution within one month at the local court.

Does the seller or the buyer pay?

The person who is the owner at the time the special assessment becomes due must pay. The notary contract often contains pro-rata settlement rules for the year of sale.