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ADDENDUM TO SALES CONTRACT CDD/MSTU ASSESSMENTS DISCLOSURE This Addendum is to the Sales Contract (Contract) entered into between: (SELLER) and (BUYER) , relating to the following described real property.

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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.

A community development district (or CDD for short) is a special purpose government framework permitted by Florida Statutes and used by local governments and developers to shift the burden of developing infrastructure, maintaining roads and landscaping, building clubhouses, and other improvements to the homeowners in ...

CDD fee in Real Estate is a frequent question that comes up from home buyers and certainly can be a mystery when buying a home. In short, it is an additional fee for the Community Development District (CDD) that is attached to the home.

Created pursuant to chapter 190 of the Florida Statutes, a CDD's main powers are to plan, finance, construct, operate and maintain community-wide infrastructure and services specifically for the benefit of its residents.

CDD fees are in place to pay for overall community improvements Typically a homeowner's CDD fees range between $120-2000 each year.

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.

Community Development District (CDD) Fees are used to cover the costs of building roads, bridges, utility lines, and various amenities (pools, golf courses, playgrounds, etc.) in many newer developments in Florida.

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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
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
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