Tuesday, February 3, 2009

Monthly Unit Assessment Amount Correct?

When I received my bank statement yesterday, I found that our Market Street at Town Center Condominium Unit Owners Association had received four cents too much from my checking account for the January 2009 assessment.

Approximately two months ago, I received the Associa Community Management Corporation letter of 3 Dec 08 that informed me of my “New Monthly Assessment” amount. Based on the 2009 budget and the par values of our units, I independently calculated all of the new monthly assessment amounts, and found amounts stated in the letter all to be correct within one cent of what I computed. At the beginning of January, I made an entry in my check register based on that letter (plus the $13 for my parking space). Now I find out that a different--apparently incorrect--amount was deducted. The person I talked with this morning at Associa Community Management Corporation said the 3 Dec 08 letter stated the wrong amount, and that the amount actually deducted from my checking account was the correct amount.

I am curious if other of our unit owners have also noticed discrepancies between the amount stated in the 3 Dec 08 letter and the actual amount assessed against your unit for January. In my case, the discrepancy is small, but I don’t see a reason for it, and I wonder what other possible assessment errors it might suggest.

If you have a comment on this matter (or any Unit Owner Association matter) that you would like other unit owners to be able to see, please post it on my forum at http://mstcuoa.proboards.com/   Or, if you email your comment to me at rasmussen305@gmail.com I will either post it for you, or keep it for my own information, according to whichever preference you express.

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