I have a contract on my Virginia condo to close next week. After the contract was signed, a special assessment was voted on and passed. The first due date for the assessment is after the closing.
The contract says "Unless otherwise agreed to in writing, Seller will pay any special assessments and will comply with all orders or notices of violations of any county or local authority, condominium unit owners’ association, homeowners’ or property owners’ association or actions in any court on account thereof, against or affecting the Property on the Settlement Date."
The title agency is saying that because the special assessment was passed before the closing I must pay the whole assessment. Is this the correct interpretation of the above language from the contract? I will pay it if I have to, but as it is not even due until after the settlement date; I would like to confirm.