special assessment

noun

: a specific tax levied on private property to meet the cost of public improvements that enhance the value of the property

Examples of special assessment in a Sentence

Recent Examples on the Web
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Many condo owners are also being hit with special assessments, as kicking maintenance projects down the road has become more difficult under new state safety law passed in the wake of the 2021 collapse of the Champlain Towers South in Surfside. Lawrence Mower, Miami Herald, 9 Jan. 2026 Agents say townhomes and condos can be viable entry points, though buyers should research homeowners associations and special assessments. Erika Gonzalez, CBS News, 16 Dec. 2025 To increase its revenue, the city may explore potential sales tax or special assessments, either on its own or in partnership with the county, that could help offset public safety costs. Jake Goodrick, Sacbee.com, 6 Dec. 2025 Home prices in Florida have fallen 5.4% year-over-year, dragged down by a glut of aging condos facing six-figure special assessments and post-Surfside safety mandates. Dave Smith, Fortune, 8 Nov. 2025 See All Example Sentences for special assessment

Word History

First Known Use

1875, in the meaning defined above

Time Traveler
The first known use of special assessment was in 1875

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Cite this Entry

“Special assessment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/special%20assessment. Accessed 15 Jan. 2026.

Legal Definition

special assessment

noun
: a specific tax levied on private property to meet the cost of public improvements that provide a special benefit enhancing the value of the property
Last Updated: - Updated example sentences
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