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Substandard Housing

 
Real Estate Dictionary: Substandard Housing

Residential property that is not up to the local building or housing code.
Example: The apartment building was cited for violations of plumbing and electrical codes. If the owner did not provide immediate repairs, the building would be condemned as substandard housing.

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