Legal Question in Real Estate Law in Illinois

Condo Assessments or Special Assessment

Is there a difference between Dues and Special Assessment when it comes to Condo definitions?


Asked on 7/25/07, 3:49 pm

1 Answer from Attorneys
Peter Olson The Olson Law Firm, LLC

Re: Condo Assessments or Special Assessment

Sure, every month you're going to pay a condo assessment. That's just part of the life of living in a condo. A special assessment is a more unusual happening typically passed by a board to help pay for some major repair or renovation.

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Answered on 7/25/07, 4:13 pm


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