Legal Question in Real Estate Law in Florida

I own a timeshare in Florida and recently received a special assessment. The letter advised that the assessment was being made due to other owners who were not paying their yearly insurance/maintenance fees "due to the economy". Is this correct? Why should I be responsible for the debts of others? My understanding is that a foreclosure would occur, just as for any other property.


Asked on 7/25/12, 8:20 am

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Read your documents. You may have signed something allowing assessments.

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Answered on 7/25/12, 8:52 am


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