HOA vs. CDD
Understand the difference between HOA dues and Community Development District assessments.
Quick answer
An HOA is a private association that enforces community rules and collects dues. A CDD is a special-purpose governmental district that may finance infrastructure through assessments typically appearing on the property tax bill. A home may have one, both or neither.
What buyers should do
- Get the applicable requirement or cost in writing.
- Compare the information against your contract and loan documents.
- Ask questions before a deadline expires.
- Keep copies of estimates, reports and written responses.
Why property-specific advice matters
Loan programs, insurers, properties and contracts are not identical. Online information is useful for preparation, but a real transaction should be reviewed using the current documents and facts.
Need help applying this to a specific home?
Send the property address and where you are in the process.