Special Assessment (Sonderumlage)
Special assessment (Sonderumlage) in German condominium associations: when it is resolved, how high it can be, and what owners need to know.
Financial
§§ 16, Abs. 2, 28 Abs. 2 WEG
Auch bekannt als: special levy, extraordinary levy, one-time assessment
A special assessment (Sonderumlage) under German condominium law is a one-time extraordinary payment required when the maintenance reserve fund is insufficient. Typical occasions include roof or facade renovations. The resolution requires a simple majority at the owners' meeting (Eigentümerversammlung). (§ 28 Abs. 2 WEG)