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The definition of a Planned Unit Development (PUD) is a type of housing development that includes a group of individually owned homes and shared common areas. The common areas may include parks, recreation facilities, and open spaces.
(2) ?Planned unit development (PUD)? means an area of land, controlled by one (1) or more landowners, to be developed under unified control or unified plan of development for a number of dwelling units, commercial, educational, recreational or industrial uses, or any combination of these, the plan for which does not ...
A PUD differs from a condominium in that the purchaser of a PUD unit actually owns a lot within the PUD and the structure or improvements thereon. You receive rights and easements to use the common areas owned by another. These common areas are often owned by the homeowners' association itself.
Planned unit developments are housing developments that are not subject to the standard zoning requirements, but instead work with the local government to develop criteria that will determine common areas, private areas and building guidelines.