Planned Development

Concept of Planned (unit) Development in the context of Real Property

A short definition of Planned (unit) Development: A subdivision of five or more individually owned lots with one or more other parcels owned in common or with reciprocal rights in one or more other parcels. The lots are generally small, being the exact size of the improvements, or slightly larger.

Concept of Planned (unit) Development in the context of Real Property

A short definition of Planned (unit) Development: A subdivision of five or more individually owned lots with one or more other parcels owned in common or with reciprocal rights in one or more other parcels. The lots are generally small, being the exact size of the improvements, or slightly larger.