KudoZ home » English to Russian » Real Estate

Annual CDD Fee

Russian translation: ежегодный взнос на развитие местной инфрастуктуры

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	Annual CDD Fee
Russian translation:	ежегодный взнос на развитие местной инфрастуктуры
Entered by:	Alexey Pylov

Options:
- Contribute to this entry
- Include in personal glossary

17:22 May 11, 2007

English to Russian translations [PRO]
Law/Patents - Real Estate / broker synopsis report

English term or phrase: Annual CDD Fee

julls KudoZ activity Questions: 214 (9 open) (2 without valid answers) (15 closed without grading) Answers: 126 United States
Local time: 16:03

взнос на развитие местной инфрастуктуры

Explanation:
“What the heck is a CDD fee?”

CDD is an abbreviation for “Community Development District.” It is a fee that is charged monthly by the developers of some communities, but assessed at the end of the year. Typically, it is rolled into your tax bill, thus increasing your mortgage payments.

“What is a CDD fee used for?”

This varies from community to community, but some common uses include paying off bonds issued to developers to finance the construction and infrastructure of communities and maintenance and improvement of the community and ammenities.
http://www.realopinionated.com/tampa-bay-asks-what-is-a-cdd-...

--------------------------------------------------
Note added at 5 mins (2007-05-11 17:27:49 GMT)
--------------------------------------------------

ежегодный/годовой