{"id":15029,"date":"2019-09-29T12:13:23","date_gmt":"2019-09-29T10:13:23","guid":{"rendered":"https:\/\/euroval.com\/what-is-a-special-assessment-in-a-community-of-owners-and-how-much-should-you-pay\/"},"modified":"2025-11-06T09:25:19","modified_gmt":"2025-11-06T08:25:19","slug":"what-is-a-special-assessment-in-a-community-of-owners-and-how-much-should-you-pay","status":"publish","type":"post","link":"https:\/\/euroval.com\/en\/what-is-a-special-assessment-in-a-community-of-owners-and-how-much-should-you-pay\/","title":{"rendered":"What is a Special Assessment in a Community of Owners and how much should You Pay?"},"content":{"rendered":"
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It is an obligation<\/strong> that derives from various liability<\/strong> situations encompassed in the legal regime corresponding to the horizontal division of a multi-family dwelling<\/strong>.<\/p>\n\n

In other words, if you are the owner of a dwelling, with a title deed, and this property is located within a community of owners (multi-family dwelling), you must take charge of the rights and obligations that derive from the Horizontal Property Law<\/strong> and, therefore, from your community of owners.<\/p>\n

The communities of owners manage the expenses of use, maintenance and conservation of a building of dwellings. These expenses or special assessments will be more or less substantial in relation to the equipment, installations, gardens, swimming pools or complex used by the building or the group of buildings that constitutes the community. <\/p>\n

Therefore, it seems logical that a community that has a high number of services: doorman, swimming pool, garden, elevators, cleaning service, etc., pays more community fees than another that only has an elevator or a cleaning service.<\/p>\n<\/div>\n

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What expenses must a community of owners pay?<\/h2>\n

This is where the concept and object of the word special assessment begins. Each neighbor or owner will be in charge of making a monthly, quarterly, semi-annual or annual contribution of the expenses derived from the maintenance and expenses, both ordinary and extraordinary, that originate from the use of the facilities, common areas, etc. The extraordinary ones being known as special assessments. <\/p>\n

What are the ordinary expenses of a community of owners?<\/h2>\n

All the natural expenses that are inherent to a building and that are known as fixed: electricity bill, water bill, basic maintenance of the property, daily cleaning of the community, management of the concierge, property manager. Community expenses that, as in any home, must be contemplated at a, let's say, neighborhood level. <\/p>\n

What are extraordinary expenses or special assessments?<\/h2>\n

All those financial contributions<\/strong> that are not ordinary payments and that, therefore, will suppose an extra expense in the natural accounts of the community<\/strong> of owners. All these expenses, as is natural, arise from unforeseen events, exceptional situations or urgent needs that the community must face at a certain moment, for example, damage caused by rain, a fire, serious breakdowns in elevators or water pumps caused by some unforeseen incident. <\/p>\n

These special assessments can be identified in building rehabilitation processes<\/strong> and the corresponding works. Such as, for example, the cases of aluminosis in some old buildings. <\/p>\n

They may also derive from the legal costs involved in the claim of fees<\/strong> to one or more delinquent neighbors.<\/p>\n

Even, for the compensation expenses that correspond to an owner who has been affected by incidents that occurred within the community of owners.<\/p>\n

As is natural, these special assessments suppose, in most cases, enormous conflicts between the neighbors<\/strong> of the neighborhood community. And everything related, logically, to the lack of money or foresight of the community administrators.<\/strong> <\/p>\n

\"specialIf the community of owners has not raised enough money to undertake necessary works, it will become necessary to claim that money in a collection manner from the neighbors. This generally increases the level of suspicion among the neighbors who do pay their fees over those who do not, and, due to high delinquency, those who definitely comply with their obligations have to pay more amounts. <\/p>\n

What is the maximum that can be demanded in a special assessment?<\/h2>\n

These special assessments can be general for all the neighbors or particular for specific cases according to the type of community and the situation that must be solved within it. All this because the special assessment can be determined by coefficients assigned to the use of common areas or by concept of proportionality or equal parts<\/strong>. <\/p>\n