Talk of The Villages Florida - View Single Post - Condo owners hit with $100,000 assessments!
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Old 08-16-2024, 09:02 AM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by sowtime444 View Post
A buyer would know how old the roof is and use that as a negotiating point. Everyone at the condos in The Villages have voted to only do special assessments and not pay maintenance monthly and it had worked thus far.
Of course it has worked well thus far. It will continue to work well until something happens that requires the special assessment, just as it worked well for the condo owners near Miami - until it didn't.

I suspect there is a significant difference in maintenance cost between what is essentially a townhouse and a high rise building. What works well for one may not work at all for the other.
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