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Common area. A common area is, in real estate or real property law, the "area which is available for use by more than one person..." [1] The common areas are those that are available for common use by all tenants, (or) groups of tenants and their invitees. [2][3] In Texas and other parts of the United States, it is "An area inside a housing ...
A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas. [1][2] Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family residential, or mobile homes. Zoning for residential use may permit some services or work opportunities ...
Cohousing is an intentional, [1] self-governing, [2] cooperative community where residents live in private homes often clustered around shared space. [3] The term originated in Denmark in the late 1960s. [4] Families live in attached or single-family homes with traditional amenities, usually including a private kitchenette.
“Rental real estate is a great way to create wealth, equity and extra income,” said Ryan Stewman, real estate sales and marketing expert with the Break Free Academy and author of “Elevator ...
Multifamily residential, also known as multidwelling unit (MDU) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1] Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units).
A house in multiple occupation (HMO), [1] or a house of multiple occupancy, is a British English term which refers to residential properties where 'common areas' exist and are shared by more than one household. Most HMOs have been subdivided from larger houses designed for and occupied by one family. Some housing legislation makes a distinction ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [1][2] In terms of law ...
Common-interest development. Condominiums in San Ramon, California. Common-interest development (CID) is the fastest growing form of housing in the world today. [1][2] They include condominiums, community apartments, planned developments, and stock cooperatives. [3][4]