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 ]

Mary Andre' provides a superior level of informed, professional real estate services to buyers and sellers in Navarre and the surrounding areas.


Home

Website design and hosting by iHOUSE ®

Site Admin Menu