Am I responsible to pay the assessment on the condo that I was selling, if it was finalized during the last week of the closing?

Am I responsible to pay the assessment on the condo that I was selling, if it was finalized during the last week of the closing?

I was in the process of selling my condo, the earnest money was put down, they

did an inspection, and the repairs were done. Then, 3 days before closing, I recieved a

notice of the annual condo meeting to elect new members for the board. I looked at the first page and didn’t pay any attention to the rest of it, because it would no longer be my property. Apparently, on page 2 or 3 of the paperwork was an assessment the were going to put on the owners of $5000 each for new roof repairs. I never saw it, and the the condo sold. The new owner found out about it shortly thereafter and he is saying it is my responsibility. Who is responsible for paying for this assessement?

Asked on November 28, 2018 under Real Estate Law, Kentucky

Answers:

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