Special Assessment Risk Checker
Answer a few high-level questions to identify whether common repair, funding and reserve-fund warning signs may deserve closer investigation.
Elevated Warning Signs
Multiple funding or project concerns may justify reviewing the complete condominium records before removing conditions.
Tell us what you know about the property.
Use information from the listing, seller package or condo documents when available.
This tool provides a general educational estimate. It cannot determine whether a special assessment will occur or calculate a future assessment amount.
What can increase special-assessment exposure?
Special assessments may arise when required costs exceed the funds available through the operating budget, reserve fund or other financing.
Reserve-fund shortfalls
If contributions have not kept pace with planned repairs or inflation, additional owner funding may eventually be required.
Unexpected major repairs
Water losses, structural concerns, building-envelope failures and emergency repairs may create costs that were not fully anticipated.
Deferred fee increases
Keeping condo fees low for many years may create a later need for sharp fee increases, borrowing or special assessments.
A score cannot replace the actual condo documents.
Clearwise Reports reviews the available reserve-fund study, financial statements, budgets, meeting minutes, insurance records and other documents to provide a property-specific overview.
This calculator provides general educational information based solely on the answers entered. It does not predict future board decisions, repair costs or special assessments and is not legal, engineering, accounting, insurance, appraisal or investment advice.