Can a condo HOA charge me for a group assessment deductible event that occurred one year before I owned the unit?
The information provided is for general information and does not form an attorney-client relationship. See our .Bill HenryFounding Partner | 19 years of experience
Bill HenryFounding Partner 19 years of experience
Under Colorado law, "[e]ach unit owner is liable for assessments made against such owner’s unit during the period of ownership of such unit." C.R.S. § 38-33.3-315. So, the obligation for the assessment rests with the unit's owner at the time the assessment is levied, not when the damage took place.
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