a "Spot Lot"

[Brad in SAC]

A loan officer called me today and was asked by HUD if a particular PUD was a "Spot Lot". I don't know what this is and have not heard of it. It's not in my real estate dictionary either. Does anyone have any idea what this is?

 

[George W Dodd]

This refers to the acceptance of HUD for a lot in a PUD without the entire PUD and/or section of the PUD being approved.

HUD has recently done away with PUD approval. Check the HUD site for more information.

 

[Brad in SAC]

Thanks George