Real Estate Glossary



  Common Area Assessments

Levies against individual unit owners in a condominium or planned unit development (PUD) project for additional capital to defray homeowners' association costs and expenses and to repair, replace, maintain, improve, or operate the common areas of the project.

 

[ Back To Real Estate Glossary ]

Each Office is Independently Owned and Operated.


Search For Homes | Buyer/Seller Info | Dream Home Finder | Market Analysis | Community Info/Links | Weather Report | Contact Martin | Home

Website design and hosting by iHOUSE ®

Site Admin Menu