Get Pud Rider

PUD owners receive rights and easements to use of common areas through their membership in a homeowner's association, which typically owns and controls the common areas. Some PUD projects, however, provide that the individual homeowners will own a fractional interest in the common areas.

What is a PUD? A Planned Urban Development is akin to a small self-contained town. PUDs often take the form of a condominium building, but also include single-family and townhome communities. PUDs usually include several amenities and can include both residential and commercial units.

A homeowners insurance rider amends a basic policy. By purchasing a rider on top of your standard coverage, you may be able to increase your coverage limits, expand coverage for certain property or extend protection to help cover additional perils.

A planned unit development (PUD) is a type of building development and also a regulatory process. As a building development, it is a designed grouping of both varied and compatible land uses, such as housing, recreation, commercial centers, and industrial parks, all within one contained development or subdivision.

In the case of a PUD, HOA fees are mandatory, as they ensure the PUD community can afford to run and maintain the amenities it promises its members. Fees may also include money for future upgrades. All PUDs have HOAs, but not all HOAs are part of a PUD.

Although properties are often referred to as PUDs in error, the only true way to determine whether or not the property is a PUD is by reviewing the Covenants and Restrictions which will disclose mandatory membership in the Homeowners Association. In these cases, monthly or annual HOA fees may or may not be involved.

Although properties are often referred to as PUDs in error, the only true way to determine whether or not the property is a PUD is by reviewing the Covenants and Restrictions which will disclose mandatory membership in the Homeowners Association. In these cases, monthly or annual HOA fees may or may not be involved.

The primary difference between HOA vs PUD is who owns the land on which the property sits. PUDs offer a more traditional landowner rights structure than HOAs do, given that HOAs are imposing particular regulations on residents.