A Planned Unit Development (PUD) Is a Residential Development That

question 25

Multiple Choice

A planned unit development (PUD) is a residential development that differs from traditional residential subdivisions in all of the following ways EXCEPT:

• A) It encompasses a blend of detached single family, attached single family, townhouses and apartments.
• B) It typically has larger individual lots with extensive side-yards on the property.
• C) It typically includes a variety of common areas
• D) It typically includes a variety of recreational facilities.

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Definitions:

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer name either mentioned or implied.

Rights

Entitlements or permissions granted to individuals or entities, legally or ethically, to perform certain actions or to be in a particular state.

Indorsement

An act of signing one's name on the back of a check or other negotiable instrument, thereby transferring the rights to another party.

Negotiation

The process by which two or more parties aim to reach a mutual agreement through dialogue and compromise on various issues.