Simple English definitions for legal terms
Read a random definition: special-use valuation
Definition: PUD stands for Planned-Unit Development. It is a type of real estate development where a large piece of land is divided into smaller lots for residential or commercial use. The development is carefully planned and designed to include a mix of different types of buildings, such as single-family homes, townhouses, and apartments, as well as parks, playgrounds, and other amenities.
Example: A developer buys a large piece of land on the outskirts of a city and decides to build a PUD. The land is divided into smaller lots, and the developer works with architects and planners to design a community that includes a mix of different types of housing, such as single-family homes, townhouses, and apartments. The community also includes parks, playgrounds, and other amenities, such as a community center and a swimming pool.
This example illustrates how a PUD is a carefully planned and designed real estate development that includes a mix of different types of buildings and amenities to create a cohesive and attractive community.