Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

trueimage · 01-31-2014, 09:01 PM

Hey, wondering if anyone here has dealt with a large special assessment, wondering if there are any laws governing the amounts that can be charged, or how you would force a revote etc.

Just got a letter that at the condo wants to fix the "building envelope" which will cost 2.1 million, and my share of that would be $64,000 due within 30 days of the letter, which would be about 30 days from now. My condo is only assessed at about 265k and I bought it a couple years ago for 335k (I know tax assessment isn't the same as market price). 2 years ago there was a previous special assessment which was supposed to be 1/3 of the total work and which was $8,000.

Any advice would be greatly appreciated.

01-31-2014, 09:01 PM	#1
trueimage Draft Pick Join Date: Mar 2010	Condo Special Assessments Hey, wondering if anyone here has dealt with a large special assessment, wondering if there are any laws governing the amounts that can be charged, or how you would force a revote etc. Just got a letter that at the condo wants to fix the "building envelope" which will cost 2.1 million, and my share of that would be $64,000 due within 30 days of the letter, which would be about 30 days from now. My condo is only assessed at about 265k and I bought it a couple years ago for 335k (I know tax assessment isn't the same as market price). 2 years ago there was a previous special assessment which was supposed to be 1/3 of the total work and which was $8,000. Any advice would be greatly appreciated. Last edited by trueimage; 01-31-2014 at 09:03 PM.