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Common-interest development
A project composed of individually owned units that share usage and financial responsibility for common areas.
Related Terms
Common-area assessments
Planned-unit development
Common area
Tenants in common
Condominium
Mixed-use development
Compound interest
Prepaid interest
US Department of Housing and Urban Development (HUD)
Rate lock
Interest rate
Add-on interest
Per-diem interest
Mortgage-interest deduction
Interest-only loan
Interest rate buy-down plans
Interest rate ceiling
Lock-in
Common law
Initial interest rate
Cluster development
Infill development
Certificate of deposit index
Urban sprawl
Interest accrual rate
Building moratorium
Controlled growth
NIMBY (Not In My Back Yard)
Open space
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