Planned Unit Development Pud


Definition of "Planned Unit Development (PUD)"

Individually owned lots and houses with community ownership of common areas.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

State Mutual

Assessment mutual company that operates on a statewide basis or in more than one state. ...

War Exclusion Clause

Provision in a life insurance policy that death benefits will not be paid in the event an insured di ...

Witness

An individual providing evidence in a trial under penalties of perjury. The witness's testimony i ...

Swing Loan

Same as term Bridge Loan: A short-term loan, usually from a bank, that 'bridges' the period between ...

Business Liability Insurance

Coverage for liability exposure resulting from the activities of a business; includes: direct liabil ...

Inheritance Tax

State tax based on the value of property received through inheritance. The tax is paid by the recipi ...

Related Real Estate FAQ

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is A Treasury Index?

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is A Ginnie Mae?

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

What Is An Assessed Value?

The public tax assessor value of a property as determined for the purpose of taxation. ...

What Is A Lease Purchase Mortgage?

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

How is Square Footage Determined? 5 U.S. Cities with the Best Public Transportation Home Prices - The Extra Costs What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? 10 Tips for Homebuyers

FAQ

What do I need to know about Business Insurance? What is a sales contract? What are my coverage options? What do I need to know about Watercraft Insurance? Why should I use a real estate agent?