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Caller: Help! We need an Assessment! Itâs an EMERGENCY!
By Zer Iyer, Esq.
This article first appeared in our Communicator Magazine, Summer 2025 Edition.
Unexpected expenses. Unanticipated cost increases. Unforeseen repairs. Unprecedented rate increases. These are examples of allâtooâcommon situations affecting homeowner associations in the state and the allâtooâcommon response of most boards to levy an emergency assessment. An association needs money, doesnât have the money and that board is pretty sure the membership wonât approve the assessment on their own, so an emergency assessment makes sense, right? I mean, what could go wrong? Actually, a lot could go wrong and in fact, a lot often does go wrong when boards decide to levy emergency assessments. The purpose of this article is to explain what an emergency assessment is, when it is appropriate to levy and, perhaps most importantly, how to approach an emergency assessment to minimize challenges by homeowners.Â
First, a quick re...
By Becky Jolly, CCAM & Jasmine Hale, Esq., CCAL
All too often, when managers, counsel, and experts warn boards and their communities that the failure to maintain their associationâs infrastructure can result in liability and create safety hazards, the calls for action fall on deaf ears. Sometimes those deaf ears lead to recalls when the board is attempting to do the right thing and move forward with lasting repairs to the failed infrastructure. Doing what is right sometimes means making the unpopular and hard decisions.
So, what should the board do when the siding has failed, balconies are about to fall off, or the association is underfunded in their reserves and cannot realistically pay for its upcoming SB 326 inspections? Oftentimes, there is no way these projects can wait when life potentially hangs in the balance. Here we will try to answer these questions by focusing on the legal issues and strategies for assisting communities in successfully navigating the process to implement ...