Types of Housing Accommodations Flashcards
What is a single-family residence
A residence built for one family with no common walls
What is a townhome
Homes connected to one another
What is an apartment building or complex
Separate units with common facilities
Define a condominium
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
What is a cooperative
Units owned by a corporation that sells shares of stock to the owners
What is a timeshare
Shared ownership of one home or unit by multiple owners
What is a mobile home
A unit attached to the land and hooked up to utilities
What is a modular home
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”
What does PUD stand for and what is it?
PUD stands for “Planned unit development”. It was designed to produce a high density of dwellings with maximum use of open spaces