united-states property
Assessments for Condo
<p>Seller said no assessments and within 6 mo I had an 8700.00 roofing assessment.  I tried calling the Management company but she never returned my call .  Do I have a legal recourse to go after them? My realtor is no help and would not help in looking at the HOA data.
Patty</p>

<p>The seller disclosed that there were no current Special Assessments on the property, and you seem to suggest that was a true and accurate statement at that point.</p>

<p>A Special Assessment was levied some 6 months later.</p>

<p>It is possible that a Special Assessment was being considered at the time of your sale. But a contemplation does not make the seller's original statement untrue. After all, an HOA may always have a Special Assessment as an option to meet financial obligations.</p>

<p>So what exactly are you objecting to?  Did you expect a guarantee that there never be any Special Assessments on your property ever?  How could a seller possibly know or guarantee that?</p>

<p>If the Seller's disclosure was accurate, that there were no Assessments at that time, then you're out of luck.</p>

<p>If you want recourse, you'd likely have to prove that the Assessment was not just being considered, but was actually approved, was imminent, and that the Seller <strong><em>knew</em></strong> about it 6 months before it went into effect.  That is highly unlikely.</p>
