What is a PUD association?
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Beside this, what is the difference between a PUD and a HOA?
The HOA fee is often used to cover road maintenance, or maintenance of commonly owned land or buildings. The difference between a PUD townhome and a condominium townhome is that in a PUD, you actually own the land your townhome sits on, and usually a small back and front yard also.
Similarly, what is the purpose of a PUD? The term Planned Unit Development (PUD) is used to describe a type of development and the regulatory process that permits a developer to meet overall community density and land use goals without being bound by existing zoning requirements.
Besides, what is considered a PUD?
A 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.
Does a PUD have to have an HOA?
In the case of a PUD, HOA fees are mandatory, as they ensure the PUD community can afford to run and maintain the amenities it promises its members. Fees may also include money for future upgrades. All PUDs have HOAs, but not all HOAs are part of a PUD.