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Multi Family
Glossaries
Term | Definition |
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Multi Family | A type of home or building with multiple units owned by one or more parties. Condo buildings and duplexes can be considered multi-family residences, but with a duplex, both the property and the land are recorded on one deed. With a condo, the owners only own their individual units, not the common space or land, and each have their own deed. |
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