Legal Definitions - maintenance assessment

A maintenance assessment is a determination of the rate or amount of something, such as a tax or damages, for the purpose of maintaining something. For example, a homeowners association may charge a maintenance assessment to cover the cost of maintaining common areas like a pool or landscaping.

Another example of a maintenance assessment is a frontage assessment, which is a municipal tax charged to a property owner for local improvements that abut a street or highway, such as sidewalks, pavements, or sewage lines.

Overall, a maintenance assessment is a way to ensure that something is properly maintained and funded over time.