Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,900,679,362 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

special assessment

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
special assessment

A charge to property owners in order to pay for some improvement benefiting all assessed owners in common.Local government sometimes makes special assessments to pay for road or sewer work.More commonly,condo associations and neighborhood associations will levy special assessments for the repair or expansion of recreational or other community amenities,or for structural repairs such as a new roof or road repaving.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Special assessment Special assessments are sometimes needed to supplement expenses and projects.
Perhaps, a much smaller special assessment could be levied which would help cover the interest carrying costs for the increased borrowings under the Treasury line of credit.
You can include all the costs associated with buying a timeshare like closing costs you had to pay when buying your timeshare, the annual maintenance fee for all the years that you owned the property and special assessments if any.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.