CID stands for Common Interest Development homes, referred to as PUD (Planned Unit Development) in some areas. Typically, homes are stick-built single-family or twin homes on their own lots. These homes are in planned neighborhoods with a Home Owners Association (HOA). They feature commonly-owned amenities such as a swimming pool, shared open spaces, or recreational facilities (for example, a tennis court). This private community may be gated.
A CID or PUD is often a detached home with a home owners association. In addition to any amenities such as a swimming pool, the HOA community may own roads and sidewalks. The HOA fees cover these common areas, but typically do not cover the home structures.
Read more in our book, "Buy Your First Home", http://tinyurl.com/dy2wjx4.
Downing-Frye Realty, Bonita Springs, FL - Bonita Springs, FL
Bonita Springs Listing Specialist - Agent
We have them called PUD here but "common interest development". Learn something new every day!
Jun 10, 2014 08:26 PM
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience
Regina: Keep hammering away on this topic. Most don't have much clue to PUDs or CIDs ... and the info and education is needed and helpful ...
Gene
Jun 11, 2014 01:48 AM
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties
This would be an interesting question on a real estate exam. I bet many would miss this question.
Jun 11, 2014 04:30 AM
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC
Regina
Thanks for sharing the information on the book.
Good luck and success.
Lou Ludwig
Jun 11, 2014 01:57 PM
MBA Broker Consultants - Carlsbad, CA
M.B.A., Broker, Instructor
Hello AR friends, thank you for visiting and leaving your valuable comments.
Jun 12, 2014 03:45 PM
MBA Broker Consultants - Carlsbad, CA
M.B.A., Broker, Instructor
CID stands for Common Interest Development. CID's include various types of housing developments, including PUD's (Planned Unit Developments), which are one type of CID. So many acronyms to remember, eh? LOL.
Oct 27, 2019 07:53 PM
Rainmaker
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Regina P. Brown
M.B.A., Broker, Instructor
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