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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesAdding special assessments to leases... and how to structure it?
Jon Huber's profile image
Jon Huber's profile image
Jon Huber
Pro Member
  • Rental Property Investor
  • from Boca Raton, FL
  • Member since Aug 3, 2014
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Jon Huber's profile image
Jon Huber's profile image
Jon Huber
Pro Member
  • Rental Property Investor
  • from Boca Raton, FL
  • Member since Aug 3, 2014
Connect
Jon Huber
Pro Member
  • Rental Property Investor
  • Boca Raton, FL
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General Landlording & Rental Properties

Adding special assessments to leases... and how to structure it?

Jon Huber
Pro Member
  • Rental Property Investor
  • Boca Raton, FL
Posted Jan 5 2016, 08:07

Hello BP...

   I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessment. I understand that I can not change the lease that I currently have in place... however, I am asking this for my next lease.

Has anyone ever written into their lease that the tenant would pay all or a portion of any special assessments put on by the HOA?

Any help would be appreciated. Thank you.

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