Question

 What does CDD mean in condo fees?

Answer Your treasurer or property manager is best equipped to interpret the acronyms used in your condominium assessment budget. There are no standards, so individual properties make up their individual e... Read More »
http://wiki.answers.com/Q/What_does_CDD_mean_in_condo_fees

Top Q&A For: What does CDD mean in condo fees

What does it mean if a condo association puts a lien on your condo if you haven't been able to pay your asessment fees?

As an owner, it means that your title to your unit is 'clouded' -- your title is encumbered/ not clear -- by the amount of your assessments past due and accumulating, that remain unpaid. A lien may... Read More »
http://wiki.answers.com/Q/What_does_it_mean_if_a_condo_association_puts_a_lien_on_your_...

When a condo owner does not pay monthly fees can the association collect late fees or interest?

Yes, generally. Your governing documents could be very specific on this issue. (Generally, assessments are levied against owners in order to pay the operating expenses of the community. Often, not ... Read More »
http://wiki.answers.com/Q/When_a_condo_owner_does_not_pay_monthly_fees_can_the_associat...

Do you have to pay condo fees if condo does not follow guide lines?

Your attempt to correlate your obligation to pay your assessments with the board's responsibility to follow the governing documents is not a valid correlation. Read your governing documents to conf... Read More »
http://wiki.answers.com/Q/Do_you_have_to_pay_condo_fees_if_condo_does_not_follow_guide_...

Do you have to pay condo fees if condo board does not follow guidelines?

Apparently, your question implies that using your leverage by not paying your assessments will change the behaviour of the board. This is not a valid assumption. Read your governing documents to b... Read More »
http://wiki.answers.com/Q/Do_you_have_to_pay_condo_fees_if_condo_board_does_not_follow_...


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