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Common-area assessments
Fees paid by the owners of a condominium project or planned-unit development to maintain, repair, improve or operate common areas.
Related Terms
Replacement reserve fund
Common area
Common-interest development
Prepaid expenses
Floor area ratio
Tenants in common
Common law
Planned-unit development
Open space
Maintenance fee
Seller's market
Co-housing
Freddie Mac
Blighted area
Condominium
Basement
Commercial property
Soffit
Carport
Deck
Infill development
Low density
Patio
Arch
Niche
Urban sprawl
Arbor
Central business district
Controlled growth
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