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PUD vs. Condo, what’s the difference? Mortgage Masters Group Site Condo VS Pud | – A "site condo" is most likely a freestanding condo (not attached to other units) and is a single unit located on condo association land. You can also have PUD freestanding units where the land is owned by the building owner and the owners pay a monthly/quarterly fee for all exterior maintenance, very similar to and often confused with condos.

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