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-A Planned Unit Development (PUD) refers to a residential development that contains, within the overall boundary of the subdivision, common areas and facilities owned by a Homeowners’ Association (HOA), to which all homeowners must belong and to which they must pay liensupported assessments. A unit in a PUD consists of the fee title to the real estate represented by the land and the improvements thereon plus the benefits arising from ownership of an interest in the HOA.
-A real estate project in which individuals hold title to a residential lot and home
while the common facilities are owned and maintained by a homeowners’ association for the benefit and use of the individual PUD unit owners.

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