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单词 common area assessment
释义

common area assessment

Definition
A fee paid by the members of a homeowner's association or similar community association for the maintenance of a common area. Examples of spaces and facilities that may be included in the assessment are a pool, tennis court, parking area, or interior corridors (in a condominium). Golf courses are usually not included in the definition of common areas for assessment purposes.
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更新时间:2025/2/2 13:38:43