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.


Featured Listings | Search MLS | Commercial Listings | Buyer/Seller Info | Market Analysis | Dream Home Finder | Community Info/Links | City/Township Offices | Weather Report | Schools | Relocation | Contact Ken | Corporate Website | Mortgage Calculator | Mortgage Rates | Real Estate News | Home | Lease/Rentals

Website design and hosting by iHOUSE ®

Site Admin Menu