Definition

Ownership consisting of an individual lot or parcel, generally including the ownership of the land and any structures on the individual lot or parcel. Owners also receive use right in common areas that are generally owned by a homeowner association (HOA). Some common areas may be reserved for the use of some or all of the individual lot owners. Generally, the covenants, conditions and restrictions (CC&Rs) will detail the method of management, maintenance, use and control of the common areas and may provide for some control and maintenance of the individual lots.

 

Lookup Value: Planned Development


Legacy OData Value: PlannedDevelopment

Lookup Name: CommonInterest

Synonym(s):  --

Element Status: ACTIVE

BEDES: --

Revision Date: JUN 17 2021

Version Added: 1.6.0

Lookup Name ID: f880a9b

Lookup ID: 4f772d2

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

Spanish (Lookup Display Name): Desarrollo Planificado

French-Canadian (Lookup Display Name): Développement planifié

Lookup Status Change Date: AUG 09 2017


Usage

CommonInterest (Property)

  • 12% of Systems (2/17)
  • 2% of Organizations (9/501)

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

Page Revision Date: Nov 15 2023

Form: LookupValue