WebWhat is a PUD? PUDs are communities of homes, which can include single-family homes, condos, commercial property like retail stores or all of these property types. The most common kind of PUDs, however, are comprised … WebAug 14, 2024 · Condominium ownership exist in many forms of residential living. It could be in a high-density apartment building - what most people think of when they think “condo” - or a lower density one, like a Townhouse (explained below). What makes a condo, is shared ownership of common areas. A condo owner does not own land in its entirety.

Property Sub Type, Structure Type, and Common Interest

WebDefinition of "Townhouse". An attached dwelling in a multiple housing complex having at least two floors and usually a garage. Such dwellings are typically found in condominiums … WebDec 29, 2024 · Townhomes are generally fee simple, although an HOA-governed townhome development can still enforce complex-wide maintenance and upkeep — they just require owners to get it done instead of doing it through the association. Is a fee simple estate perpetual? The greatest possible interest in real property. asda pecan nuts

The Pros and Cons of Condo Ownership - The Balance

WebMar 31, 2024 · a different meaning than the one found in The Dictionary of Real Estate Appraisal, 6th Edition (“AI Dictionary”). This is because legal definitions generally serve a … WebApr 4, 2024 · Residential Real Estate. As its name suggests, residential real estate is any type of real estate where people can live. The many types of residential real estate include single-family homes, townhouses, condominiums and multifamily apartment buildings. Many people purchase residential real estate as a place to live. WebA Planned Unit Development (PUD) is a community of homes that could look like single family residences, townhomes or condos, and can include both residential and commercial units, but on paper, they’re most similar to condos. asda pc keyboard