Real Estate Glossary



  Common Area Assessments

Levies against individual unit owners in a condominium or planned unit development (PUD) project for additional capital to defray homeowners' association costs and expenses and to repair, replace, maintain, improve, or operate the common areas of the project.

 

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Pam Shockey, Broker Assoc., CLHMS, e-PRO
Keller Williams Southwest
Direct 281-435-9808 or 281-778-8566

Pamshockey@siennaparkwayrealty.com
contact pam
Each Office is Independently Owned and Operated.




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