You can open the Condo Special Assessment Letter Template in multiple formats, including PDF, Word, and Google Docs.
Condo Special Assessment Letter Template Printable | Editable FormSample
Examples
[Name of the Condo Association]
[Association’s Address]
[City, State, Zip]
[Phone Number]
[Email Address]
[Name of the Resident]
[Unit Number]
[Resident’s Address]
[City, State, Zip]
Notification of Special Assessment for [Purpose of Assessment]
[Date of Letter]
We hope this letter finds you well. We are writing to inform you about a special assessment that has been approved by the Board of Directors of the [Name of the Condo Association] to address [specific purpose, e.g., necessary repairs, upgrades, etc.].
The total estimated cost of the project is [Total Amount]. The special assessment per unit has been calculated based on the number of units in the association and is as follows:
[Amount per Unit]
The payment of the special assessment is due as follows:
1. First Installment: [Amount] due on [Date]
2. Second Installment: [Amount] due on [Date]
3. Final Installment: [Amount] due on [Date]
This special assessment is necessary due to [explain reasons in detail, e.g., unexpected damages, compliance with new regulations, enhancements of common areas, etc.]. We believe it is essential to maintain the standards of our community and ensure the long-term sustainability of the property.
We appreciate your prompt attention to this matter and encourage you to reach out with any questions or concerns regarding this assessment. You may contact us at [Association’s Phone Number] or [Association’s Email Address].
[Signature of the Board President]
[Name of the Board President]
[Title]
[Condo Association Name]
[Name of the Condo Association]
[Association’s Address]
[City, State, Zip]
[Phone Number]
[Email Address]
[Name of the Resident]
[Unit Number]
[Resident’s Address]
[City, State, Zip]
Notice of Special Assessment for [Purpose of Assessment]
[Date of Letter]
We are reaching out to inform you of an important decision made by the Board of Directors regarding a special assessment necessary for [specific purpose].
The total cost attributed to this project is anticipated to be [Total Amount]. Each unit’s share of this cost is calculated as follows:
[Amount]
Payments for the special assessment will be collected in the following manner:
1. First Payment: [Amount] due by [Date]
2. Second Payment: [Amount] due by [Date]
3. Final Payment: [Amount] due by [Date]
This special assessment has become necessary as a result of [detailed explanation, e.g., emergency repairs, state regulations, significant improvements to community areas, etc.]. Our goal is to enhance the quality of life for all residents and to improve property values.
Should you have any questions or require further details regarding this special assessment, please do not hesitate to reach out. We value your input and are here to assist you.
[Signature of the Board Secretary]
[Name of the Board Secretary]
[Title]
[Condo Association Name]
Format
Please complete the form below to create the Condo Special Assessment Letter Template. All fields must be filled out to ensure a clear and complete communication regarding the special assessment. We provide examples to guide you through each step. Condo Special Assessment Letter Template 1. Association Information 2. Owner Information 3. Assessment Details 4. Breakdown of Costs 5. Payment Schedule 6. Impact of Special Assessment 7. Communication and Contact 8. Acknowledgment of Terms 9. Declaration and Signature
PDF
WORD
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Condo Special Assessment Letter Template Printable | Editable FormPrintable
