GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:22 May 11, 2007 |
English to Russian translations [PRO] Law/Patents - Real Estate / broker synopsis report | |||||||
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| Selected response from: Alexey Pylov Ukraine Local time: 12:17 | ||||||
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4 +1 | взнос на развитие местной инфрастуктуры |
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annual cdd fee 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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