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Community Development District Addendum FLORIDA ASSOCIATION OF REALTORS The following provisions are made part of the Contract for Sale and Purchase or Residential Sale and Purchase Contract between.

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Related links form

IL VSD 726.1 2013 IL VSD 727.2 2013 IL VSD 744.7 2015 IL VSD 745.3 2013

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CDD stands for Community Development District, an entity that develops the land, provides infrastructure and amenities, maintains the community and its amenities, and works to provide a higher standard of living for homeowners.

A CDD fee is a Community Development District fee, which is a type of special assessment used in the United States to finance the construction and maintenance of infrastructure improvements in newly developed areas.

In communities that have both HOA and CDD fees, the HOA is accountable for enforcing the deed restrictions and overall neighborhood conditions while the CDD handles the general maintenance and will pay off the communities' amenities and infrastructure.

Residents and property owners in a CDD set the standards of quality, which are then managed by the CDD. The CDD provides perpetual maintenance of the environmental conservation areas. This consistent and quality-controlled method of management helps protect the long term property values in a community.

CDD fees are typically paid over a 30-year term. If you are moving into a development that is 10 years old, you can expect to pay a CDD fee for 20 years, until the loan is paid off. The county adds the fee to your property tax bill each year as repayment. These fees are most often found in communities built after 2003.

BUYER acknowledges that the Property is a part of a Community Development District (“CDD”) created pursuant to Chapter 190, Florida Statutes. By acceptance of the deed conveying the Property, BUYER will be obligated to pay all taxes, fees and assessments imposed by the CDD.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232