ABOUT FRONT FOOT BENEFITS
Front Foot Benefit Companies, also known as Private Water and Sewer Companies or Water and Sewer Facilities Companies, are created in certain jurisdictions to enable the installers of water and sewer infrastructure to recover all or a portion of the cost of such infrastructure over time from the property owners benefited.
Assessments are created by recording a Declaration in the land records creating a lien on the property and establishing an annual assessment to be collected from the property owner, usually for a period of 23 to 40 years. The obligation to pay the Assessment runs with the land and is transferred to the new owner when a property is sold.
The Assessments are not related to water and sewer usage fees. which are charged separately by the county or other governmental entity. The infrastructure is dedicated for public use and any maintenance thereof is not the responsibility of the developer or other entity collecting the Assessment.
The right to collect the Assessments is frequently assigned by the original developer of the property to third parties. such as Front Foot Benefits managed by MATHME.