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PF 6.07 Options & Practices for Housing Needs

AB
apartmentA building that houses more than one family in separate living units
condominiumA building that houses more than one family; each person owns walls and air space of the unit
cooperativeA person buys shares in a corporation that owns the property; owners pay fees for maintenance and service costs, building mortgages, and taxes; co-op determines management, restrictions, and operating policies
single-family houseA custom-built, development, modular, or kit house or townhouse
manufactured "mobile" homeA single-wide or double-wide moveable home
duplexA building that contains two separate living units
townhouseA dwelling of two or three stories that attaches at sidewalls to other units; each person owns walls and air space plus property rights and yard of the unit
residence hallA living space on college/university campuses available to attending students only
rent/leaseTo pay a security deposit and monthly payments to a landlord
buyTo purchase with cash or through a down payment plus monthly mortgage loan payments


CTE BFIT CD
Person County Schools
Roxboro, NC

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