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How can I find out if the home is in a PUD?

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KSarkisian

Freshman Member
Joined
Jul 21, 2008
Professional Status
Appraiser Trainee
State
Ohio
Someone please help. Dealing with a Ryan Homes development; not a cluster, simply a single family detached dwelling. How do I know that this is not in a PUD?
 
Is membership in a Homeowners/Property Owners Association mandatory and is there a mandatory fee paid by the member? If so, the property is located in a PUD as defined by the secondary market.

Although some jurisdictions may have a "PUD" zoning district, that zoning is irrelevant to the question to be answered using the information above.
 
Check Zoning - Plus Check Legal Description
 
Read the deed, which will answer the questions Ken raised.
 
Zoning and legal show otherwise.. I'm unsure if the HOA fees are mandatory. I better find out. If they are, why does that constitute a PUD? Thanks for your help.
 
Didnt FNMA come out with the ol' if you pay a HOA fee your a PUD. I never understood that one...
 
XI, 302: Units in PUD Projects (11/01/05)
A planned unit development is a project or subdivision that consists of common property and improvements that are owned and maintained by an owners’ association for the benefit and use of the individual units within the project. For a project to qualify as a PUD, the owners’ association must require automatic, nonseverable membership for each individual unit owner, and provide for mandatory assessments. Zoning should not be the basis for classifying a project as a PUD.
The appraisal of an individual unit in a PUD requires the appraiser to analyze the PUD project as well as the individual unit. The appraiser must pay special attention to the location of the individual unit within the project, the project’s amenities, and the amount and purpose of the owners’ association assessment since the marketability and value of the individual units in a project generally depend on the marketability and appeal of the project itself.
 
Call the zoning office.... they can tell you
 
Knock on some doors of the existing units and ASK the homeowner.
 
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