REP_OH.03

REP_OH.03 - CM 426 - CHAPTER 3 I. HOME OWNERSHIP -A. WHY?...

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CM 426 -- CHAPTER 3 I. HOME OWNERSHIP -- A. WHY? 1. SIGN OF FINANCIAL STABILITY 2. INVESTMENT 3. PRIDE 4. SENSE OF BELONGING B. WHO BUYS? 1. TRADITIONALLY MARRIED COUPLES WITH SMALL CHILDREN 2. TODAY IT IS A VARIED MARKET a. SINGLE MEN AND WOMEN b. EMPTY NESTERS c. MARRIED COUPLES WITHOUT CHILDREN d. UNMARRIED COUPLES, FRIENDS, RELATIVES AS CO-OWNERS C. PROS AND CONS OF HOME OWNERSHIP II. TYPES OF HOUSING A. APARTMENT COMPLEXES B. CONDOMINIUM 1. OWN INDIVIDUAL UNITS (TO THE WALLS, CEILINGS, ETC.) 2. SHARE OWNERSHIP OF COMMON FACILITIES 3. SHARE EXPENSES OF COMMON FACILITIES C. COOPERATIVES 1. DO NOT OWN INDIVIDUAL UNITS -- PROPRIETARY LEASE ASSURES ONE OF SPECIFIC UNIT(S) 2. COMMON OWNERSHIP OF ALL 3. SHARE EXPENSES OF ALL
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D. PUD 1. HOUSING, RECREATION, COMMERCIAL, ETC. 2. CLUSTER ZONING 3. NO DIRECT OWNERSHIP OF PUBLIC AREAS 4. PERSONAL OWNERSHIP OF PRIVATE UNIT(S) 5. OWNERS PAY FEES TO SUPPORT PUBLIC AREAS E. RETIREMENT COMMUNITIES F. HIGH-RISE DEVELOPMENTS OR MUDs (MIXED-USE DEVELOPMENTS)
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This note was uploaded on 01/11/2012 for the course CM 426 taught by Professor Markhutchings during the Winter '12 term at BYU.

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REP_OH.03 - CM 426 - CHAPTER 3 I. HOME OWNERSHIP -A. WHY?...

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