Glossary entry

English term or phrase:

Annual CDD Fee

Russian translation:

ежегодный взнос на развитие местной инфрастуктуры

Added to glossary by Alexey Pylov
May 11, 2007 17:22
17 yrs ago
English term

Annual CDD Fee

English to Russian Law/Patents Real Estate broker synopsis report
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Change log

May 12, 2007 19:36: Alexey Pylov Created KOG entry

Proposed translations

+1
4 mins
Selected

взнос на развитие местной инфрастуктуры

“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-...

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Note added at 5 mins (2007-05-11 17:27:49 GMT)
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ежегодный/годовой
Peer comment(s):

agree Katia Gygax
4 hrs
Спасибо!
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4 KudoZ points awarded for this answer. Comment: "thank you very much"
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