| 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 |
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English to Russian translations [PRO] Law/Patents - Real Estate / broker synopsis report | | English term or phrase: Annual CDD Fee | | ? |
| jullsKudoZ activityQuestions: 189 ( 8 open) ( 2 without valid answers) ( 13 closed without grading) Answers: 126 United States
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| | 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 |
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 Alexey Pylov Ukraine Local time: 08:41
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