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What is a Special Assessment?

This is an assessment approved by a ¾ vote of the owners present  at a Special or Annual General Meeting and is in addition to the monthly maintenance fees.  The Special Assessment would be to cover the cost of expenditures (such as roof replacement or major repairs) when there are not sufficient funds in the Contingency Reserve Fund to complete the required work.

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Langley: 580- 8621 201 Street, Langley, BC V2Y 0G9
Phone: 604.864.0380     Fax: 604.864.0480