Wash. Rev. Code 64.90.525

Budgets; assessments; special assessments

Texte officiel ↗ Vérifié par rapport à la source officielle le 2 novembre 2026

En un coup d'œil

Notice required: Budget copy to owners within 30 days after adoption

“Within thirty days after adoption of any proposed budget for the common interest community, the board must provide a copy of the budget to all the unit owners”
Meeting timing: Meeting 14 to 50 days after budget provided

“set a date for a meeting of the unit owners to consider ratification of the budget not less than fourteen nor more than fifty days after providing the budget.”
Owner vote required: Owners with majority of votes may reject budget

“the unit owners of units to which a majority of the votes in the association are allocated or any larger percentage specified in the declaration reject the budget”
Quorum required: No quorum needed to ratify budget

“the budget and the assessments against the units included in the budget are ratified, whether or not a quorum is present.”
Special assessment: Special assessment needs same owner ratification as budget

“The assessment is effective only if the board follows the procedures for ratification of a budget described in subsection (1) of this section and the unit owners do not reject the proposed assessment.”

Chaque fait est présenté avec les termes exacts de la loi dont il provient. Les documents gouvernants de votre association peuvent également s'appliquer.

Texte officiel

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Afficher le texte intégral de Wash. Rev. Code 64.90.525

RCW 64.90.525 Budgets—Assessments—Special assessments. (1)(a) Within thirty days after adoption of any proposed budget for the common interest community, the board must provide a copy of the budget to all the unit owners and set a date for a meeting of the unit owners to consider ratification of the budget not less than fourteen nor more than fifty days after providing the budget. Unless at that meeting the unit owners of units to which a majority of the votes in the association are allocated or any larger percentage specified in the declaration reject the budget, the budget and the assessments against the units included in the budget are ratified, whether or not a quorum is present. (b) If the proposed budget is rejected or the required notice is not given, the periodic budget last ratified by the unit owners continues until the unit owners ratify a subsequent budget proposed by the board. (2) The budget must include: (a) The projected income to the association by category; (b) The projected common expenses by category; (c) The amount of the assessments per unit and the date the assessments are due; (d) The current amount of regular assessments budgeted for contribution to the reserve account; (e) A statement of whether the association has a reserve study that meets the requirements of RCW 64.90.550 and, if so, the extent to which the budget meets or deviates from the recommendations of that reserve study; and (f) The current deficiency or surplus in reserve funding expressed on a per unit basis. (3) The board, at any time, may propose a special assessment. The assessment is effective only if the board follows the procedures for ratification of a budget described in subsection (1) of this section and the unit owners do not reject the proposed assessment. The board may provide that the special assessment may be due and payable in installments over any period it determines and may provide a discount for early payment. [ 2025 c 119 s 22; 2018 c 277 s 326.]

Le même sujet dans d'autres juridictions

British Columbia · Strata Property Act, s. 108 Special levy Illinois · 765 Ill. Comp. Stat. 605/9 Sharing of expenses - Lien for nonpayment Maryland · Md. Code, Real Prop. 11B-112.1 Late charge on delinquent assessments Maryland · Md. Code, Real Prop. 11B-117 Lot owner liability for assessments and charges Ontario · Condominium Act, 1998, s. 84 Contribution of owners Oregon · Or. Rev. Stat. 94.645 Adoption of annual budget Oregon · Or. Rev. Stat. 94.704 Assessment and payment of common expenses Pennsylvania · 68 Pa.C.S. 5314 Assessments for common expenses Texas · Tex. Prop. Code 209.0062 Alternative payment schedule for certain assessmen... Virginia · Va. Code 55.1-1824 Assessments; late fees Virginia · Va. Code 55.1-1826 Annual budget; reserve study; reserves for capital... Comparer les lois sur cotisations et frais côte à côte →

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