Types of Housing Accommodations Flashcards

1
Q

What is a single-family residence

A

A residence built for one family with no common walls

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2
Q

What is a townhome

A

Homes connected to one another

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3
Q

What is an apartment building or complex

A

Separate units with common facilities

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4
Q

Define a condominium

A

Governed by an association that oversees the management, repair, and maintenance of the buildings and goods, collecting fees from the owners to cover these expenses

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5
Q

What is a cooperative

A

Units owned by a corporation that sells shares of stock to the owners

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6
Q

What is a timeshare

A

Shared ownership of one home or unit by multiple owners

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7
Q

What is a mobile home

A

A unit attached to the land and hooked up to utilities

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8
Q

What is a modular home

A

For a modular home, rooms are preassembled at a factory, then transported to the building site and put on a foundation. Also referred to as a “prefabricated building”

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9
Q

What does PUD stand for and what is it?

A

PUD stands for “Planned unit development”. It was designed to produce a high density of dwellings with maximum use of open spaces

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