Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Special Assessment Districts (or municipal utility districts)

Fannie Mae

Updated 10-31-2026

Special Assessment Districts (or municipal utility districts)

Jurisdictions that have been granted the authority to assess owners of properties within their boundaries for funds that will be used to cover the operating costs and debt service they incur for providing water or other utilities for the area (since it is not served by existing city or municipal utility services).

Fannie Mae Glossary of Terms

Fannie Mae · p. 46

Need help?

Ask more questions about Special Assessment Districts (or municipal utility districts) in Help. You'll get answers for your situation.