Definition

Ownership interest where purchaser receives a partial/fractional interest in the land coupled with the right of exclusive occupancy of an apartment located thereon. The owners elect a governing board which operates and maintains the project.

Standard Lookup Value: Community Apartment


Legacy OData Value: CommunityApartment

Lookup Name: CommonInterest

Synonym(s):  --

BEDES: --

Lookup Name ID: f880a9b

Lookup ID: 22dd316

References: RESI,RLSE,RINC,LAND,MOBI,FARM,COMS,COML

Spanish Lookup Value: Apartamento Comunitario

French-Canadian Lookup Value: --

Status Change Date: AUG 09 2017

Revision Date: OCT 24 2016

Added in Version: 1.6.0



Usage

CommonInterest (Property)

  • 7% of Systems (1/15)
  • <1% of Organizations (2/498)

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


Page Revision Date: Jan 31 2023

Form: LookupValue