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What is the difference between a regular assessment and a special assessment?

April 26, 2017assessment difference regular special

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What is the difference between a regular assessment and a special assessment?

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An assessment is a share of the funds required from unit owners for the payment of common expenses of the association. Special assessments are assessments levied against unit owners other than the assessment required by the annual budget. Condominium Act: Section 718.103(1)(24), F.S.