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Maybe. Condominium is a form of real estate ownership. Each unit is owned individually, together with an allocated interest in all the real estate assets owned in common with all other owners. There are developments where a unit is a single family home.

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11y ago

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Does an elevator which exclusively serves two separately owned apartments on the third floor of a three story condominium building provide service to a single family dwelling?

Your question is complex. First, the elevator serves owned apartments in a condominium building. Then the elevator may be known as a limited common element. Since the elevator serves both units, the location of the 'single family dwelling' is unclear. (Both apartments are condominium units; neither is commonly described as a 'single family dwelling'.)


How is a condominium different than a single-family dwelling?

A condominium is a type of property where individuals own their individual unit within a shared building or complex, and also share ownership of common areas with other residents. Whereas a single-family dwelling is a standalone residential property that is owned and occupied by a single family. In a condominium, homeowners pay monthly fees for maintenance and management of shared spaces, while single-family homeowners are responsible for all maintenance and upkeep of their property.


What is considered a single family dwelling?

A single family dwelling is one designed to be occupied by a single family as opposed to, say, a condominium or apartment building which is expected to be occupied by two or more distinct families. The term refers to the building itself, not necessarily how it's used (some locations may have laws restricting the number of unrelated people who can live in a single family dwelling).


Does FHA consider a condo a single family home?

No, FHA considers a condominium a condominium, and a single family home a single family home. The styles of legal ownership and title are different.


What is the gl class code for lessors risk single family dwelling?

63010 - Single Family Dwelling


What is the definition for single family dwelling?

A single family dwelling is a living space designed for one family. It is a house or trailer even, not an apartment.


Single family dwelling renting rooms still considered a single family dwelling?

Yes, the nature of the structure does not change.


What are dwelling?

private single family houses


What is a dwelling unit?

Single family home or unit.


What is condo unit?

A condominium unit is the space available for ownership as defined by the land-use documents for the condominium association filed in the local court house. The unit may be defined as land, moorage, a townhouse, a suite, an apartment, a single family dwelling, part of a duplex or other enclosed area for which an owner holds a deed.


Are patio homes considered a single family dwelling?

Yes, patio homes are considered a single family dwelling. They are also apartments, condos, duplexes, triplexes, etc., or any home that has a patio.


Can extended family members live in a single family dwelling?

Yes, they can. The proper name for that would be extended family household.