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+--- Thread: Is there a difference between the 'Annual Assessment' and the 'Maximum Annual Assessment' in CC&Rs? (/showthread.php?tid=994)
Is there a difference between the 'Annual Assessment' and the 'Maximum Annual Assessment' in CC&Rs? - SaltRiverFan - 06-14-2024
Is there a difference between the 'Annual Assessment' and the 'Maximum Annual Assessment' in CC&Rs?
Re: Is there a difference between the 'Annual Assessment' and the 'Maximum Annual Assessment' in CC&Rs? - ReasonedNeighbor - 06-17-2024
Yes. The 'Maximum Annual Assessment' is a ceiling limit, whereas the 'Annual Assessment' is the actual amount charged to homeowners.