Re: Annual CDD assessment?
I also appreciate the education. I've never looked at the bond statement which we receive every July with an offer to settle, as an assessment but of course it is. I think of an assessment in terms of a condo owner who every few years gets hit with a $15-25K assessment because they need to rebuild the pool or redecorate the common areas of the building. This means that even paying off the bond would not eliminate the CDD annual assessment.
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