What Is a Special Assessment?
A special assessment is a charge levied on property owners to pay for a specific improvement or unexpected cost — beyond regular dues or taxes. It appears in two main settings: a community association assessing its members, and a local government assessing properties that benefit from a public improvement.
Association Special Assessments in Florida
Florida condominium and homeowners' associations (governed by Chapters 718 and 720, Florida Statutes) can impose special assessments when the regular budget cannot cover a major expense — a new roof, building repairs, or, increasingly, structural and reserve requirements following Florida's condo-safety reforms. The association must follow its governing documents and statutory notice and meeting procedures, and an unpaid assessment can become a lien on the unit that may be foreclosed.
Government Special Assessments
- Charged to properties that specially benefit from an improvement (paving, drainage, utilities)
- Often appear as a non-ad valorem line on the property tax bill
- Can become a lien if unpaid
Buyers should ask about pending or anticipated special assessments before closing, since they can be a significant unexpected cost.
Related Terms
- Homeowners Association — A common source of assessments
- Lien — What an unpaid assessment can become
- Closing Agent — Confirms assessments at closing
Barnes Walker Real Estate
Barnes Walker's attorneys advise Florida owners and associations on special assessments, liens, and community-association law. Request a legal inquiry for assistance.
Florida Law Reference
Fla. Stat. Ch. 718 & 720
Govern condominium and homeowners’ associations, including the authority to levy special assessments, required procedures, and liens for unpaid amounts.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC