Types of Properties

Created by Wendy Alley, Modified on Tue, 11 Apr 2023 at 03:42 PM by Wendy Alley

Section 1.1 Types of Properties

Following are some of the types of properties that may be published through the service, including types described in the preceding paragraph that are required to be filed with the service and other types that may be filed with the service at the participant’s option provided, however, that any listing submitted is entered into within the scope of the participant’s licensure as a real estate broker: (Amended 11/91)


Single Family - Residential Detached: An individual, freestanding, detached dwelling unit, typically built on a lot larger than the structure itself, resulting in an area surrounding the house, known as a yard.

 

Single Family - Residential Attached: Any property with a common wall separating single family residences. The specific style of the structure includes Condominiums, Duplex, Triplex, and 4-10 unit properties

 

Multi-Family: These multi-family housing terms simply define the number of units contained in a single multi-family building. A duplex consists of two units per building; a triplex, three units per building; and a quadraplex, four units per building.


Lots & Land: All unimproved property

 

Lease: Residential Single-Family, Multi-Family, or Land/Lot for Rent/Lease.

 

Land Lease: Land without a building for lease.

 

Other: Deeded Boat Slips and Garages that do not require owning property within the same development and Fractional-Ownership properties

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