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Maryland House Bill 107, also known as HB107, is a Maryland state law passed in 2022 that mandates that condominiums, housing associations, cooperatives, and homeowner associations complete a reserve study by October 1, 2023. [1]
Single-family (home, house, or dwelling) means that the building is usually occupied by just one household or family and consists of just one dwelling unit or suite. In some jurisdictions, allowances are made for basement suites or accessory dwelling units without changing the description from "single-family".
American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states.
This is the most common model and is used by property management companies in the residential space that manage multi-home units and single-family homes. The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent.
A planned unit development (PUD) is a type of flexible, non-Euclidean zoning device that redefines the land uses allowed within a stated land area. PUDs consist of unitary site plans that promote the creation of open spaces, mixed-use housing and land uses, environmental preservation and sustainability, and development flexibility. [1]
Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .
A nursing home in Wetherby, England, U.K. Garden or walk-up apartments: 1–5 stories, 50–400 units, no elevators [1] Mid-rise apartments/condos: 5–9 stories, 30–110 units, with elevators [1] High-rise apartments/condos: 9+ stories, 100+ units, professionally managed [1] Special-purpose group housing [1] Retirement home; Nursing home ...
Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization. They are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family home ownership, condominiums and renting. [1]