To Special Assess or Not to Assess? That is the Question

To Special Assess or Not to Assess? That is the Question

This webinar is sponsored and hosted by SouthState Bank, one of our Diamond Sponsors.

What do you do when your Association is faced with a major project and reserve funds are not adequate to cover the cost? What if you are faced with an unexpected emergency such as clean up after a storm or a pipe bursting unexpectedly? What are your options? In this webinar we are going to discuss the various factors and key components when faced with the decision to fund improvements and repairs. Topics will include Project cost financing, Special Assessments, Documentation, Collateral, Loan structure, term loans and non-revolving, line of credit, revolving lines of credit and their uses, repayment and prepayment and which players should be involved in the process and decision making.

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Gold Piggy Bank
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Guest Speaker(s)
Cathi Dorn and Randy Pennington of SouthState Bank