Common Area Assessments

Business, Legal & Accounting Glossary

Definition: Common Area Assessments


Common Area Assessments


Full Definition of Common Area Assessments


Sometimes called Homeowners’ Association Fees. Charges paid to the Homeowners’ Association by the individual unit owners, in a condominium or Planned Unit Development (PUD), that are usually used to maintain the property and common areas.


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https://payrollheaven.com/define/common-area-assessments/
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Common Area Assessments. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/common-area-assessments/.
Chicago Manual of Style (CMS):
Common Area Assessments. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/common-area-assessments/ (accessed: November 29, 2021).
American Psychological Association (APA):
Common Area Assessments. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/common-area-assessments/

Definition Sources


Definitions for Common Area Assessments are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.