How can I verify a condo's HOA fee and upcoming special assessments?
Read the association's own documents: the current budget, the latest financial report, the board minutes, and, where the building has them, the milestone inspection summary and the structural integrity reserve study.
- When a condominium unit is resold, Florida law has the seller give the buyer these documents, and the buyer can cancel the contract until 7 business days after receiving them (Fla. Stat. 718.503(2)).
- Associations with 25 or more units must post official records on a website or app (Fla. Stat. 718.111(12)(g)).
- Board minutes are where proposed special assessments usually show up first.
- Before closing, the estoppel certificate states the dues and any assessments owed.
- Selling a condo? Have these documents ready before you list, so the buyer's review can start the day the contract is signed.
Related: Selling a condo with a special assessment · Condo fees by building
This answer explains the general process in Florida. It is not legal or tax advice; for your situation, rely on a Florida attorney or CPA of your choice.
Primary law
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