What Is A PUD Home
PUD stands for
Planned Unit Development. Essentially, a PUD home is a single-family
home (fee simple ownership) that is part of the condo/townhome
community. You have the same privileges as owners of the other
condo/townhome units. You are part of the association, and you pay a
monthly maintenance fee as well. The fee will probably be much
lower, since PUDs are responsible for their homes total maintenance
inside and out. Unlike the condo/townhouse owner, they are only
responsible for the inside of their unit.
As a PUD owner, you are still subject to the rules and regulations
of the association. If you want to paint your home and the
association doesn’t like the color, you don’t paint your home that
color. The same goes for major home improvements.