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Modular Housing

 
Business Dictionary: Modular Housing

Dwelling units constructed from components prefabricated in a factory and erected on the site. See also Mobile Home.

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Real Estate Dictionary: Modular Housing
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A factory-built home that complies with local building codes. Contrast with Manufactured Home, Hud-Code Home.
Example: Most factory-built housing complies with a national set of standards enforced by HUD. Modular housing, however, is constructed to comply with the local building code of the city in which it will be sited.

 
 

 

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more