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How does England treat special assessment debt compared to the U.S?

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Accounting

How does England treat special assessment debt compared to theU.S?

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Special Assessment in USA Special Assessment Accounting ISSUES Amortization Schedules When interest is charged on a special assessment and there are varying amounts of the special assessment depending on ownership percentage for example then separate amortization schedules must be maintained for each special assessment When unit owners choose to pay more or less than the set monthly fee their individual amortization schedule must be adjusted accordingly No computer software used by Associations is able to process these individual amortization schedules Thus this is a separate effort by the accounting department When the Special Assessment is tied to a Loan There can be a timing issue with regards to    See Answer
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