Notice is given to all owners of a Special Assessment in the amount of $31,506.40 payable by 5/15/2026, passed at the April 9, 2026 Special Assessment & Board Meeting. Payments are as follows in the chart below.
In the event there is a closing or sale of a unit during the pendency of the special assessment, the balance of the special assessment shall be payable in full at the time of the closing or sale of the unit.
The purpose of the special assessment is to pay the unpaid IRS payroll taxes, penalties and interest for 2019 – 2021. Our previous management company, Royal Property Management , hired many years ago by a previous board of directors, did not make these payments, nor file all required returns. We were first notified of this in October 2025, and have been working to resolve the issue ever since. Since late 2023, we have had the professional company Paychex handle our payroll and payroll tax filing and payments, so we are confident this will not be an issue again.
See this spreadsheet and documentation in this folder for full details of payments owed and made to the IRS.
Payments by unit are as follows:
Unit 207 $330.82 x 1unit = $ 330.82
1 bed $437.94 x 30 units = $ 13,138.17
2 bed $551.36 x 22 units = $ 12,129.26
3 bed $590.75 x 10 units = $ 5,907.45
Total $31,506.40
Payments can be made online, or sent to our Valley Bank lockbox:
Condominium Association of the Valiant House, Inc.
PO. Box 21923
Tampa, FL 33622
866-245-4554
