Definition

Common Interest is a type of ownership in a property that is composed of an individual lot or unit and a share of the ownership or use of common areas. A Common Interest Development (CID) is usually governed by a recorded set of Covenants, Conditions & Restrictions (CC&Rs).


Standard Name: CommonInterest

Display Name: Common Interest

Group: Listing, Contract

Data Type: String List, Single

Suggested Maximum Length: 25

Suggested Maximum Precision: --

Synonyms(s): --

Field (Element) Status: ACTIVE

BEDES: --

Record ID: 3aecbf3

Lookup Status: Open with Enumerations

Lookup: CommonInterest

Property Types: RESI, RLSE, RINC, LAND, MOBI, FARM, COMS, COML

Payloads: --

Spanish Name: Interés Común

French-Canadian Name: --

Status Change Date: AUG 09 2017

Revision Date: JUN 02 2018

Added in Version: 1.6.0

Usage

  • 18% of Systems (3/17)
  • 4% of Organizations (22/501)


Lookup Display Name (View expandable list.)

For more information on items displayed on this page, see Data Dictionary Terms and Meta Definitions.

RESO certifies against the Standard Name.

Display Name represents a recommendation for public display that MLSs and other data producers may use based on local, legal and language-based needs.

Page Revision Date: Nov 08 2023

Form: PropertyLookup