Dossier
condo association
Coverage of condo association in the Nexus archive.
- Woman buys condo, battles special assessments
Laura Bustamante, a South Florida woman, purchased a waterfront condominium but faced ongoing financial stress after discovering she would be responsible for future special assessments totaling $53,800 over 13 years, despite having prepaid an initial assessment. The condo association clarified that her prepayment would be applied to future maintenance fees, but this did not align with her expectations, leading to significant personal distress.