Topic 8.9: Practice Activities Copy
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Question 1 of 3
1. Question
Community Development Districts issue an annual assessment based on the value of the property.
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Question 2 of 3
2. Question
The annual assessment on property in a CDD shows up on the property tax bill.
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Question 3 of 3
3. Question
Drag the appropriate definition to the correct item.
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- Owners get a deed to the property without a time limit of occupancy
- Owners get a share of stock instead of a deed
- Owner gets ownership for a fixed period, typically for once week each year
- Independent entity that builds and maintains amenities in a new community.
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Condominium
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Cooperative
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Time-share
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Community Development District (CDD)
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