Texas Real Estate Appraisal Practice Exam 2025 – Comprehensive Test Prep

Question: 1 / 545

Who owns the recreational facilities in a planned unit development (PUD) like a playground or tennis court?

The businesses located in the PUD.

The condo owners.

In a planned unit development (PUD), recreational facilities such as playgrounds and tennis courts are typically owned collectively by the residents or condo owners within the development. This shared ownership model is designed to enhance the community experience by providing amenities that everyone can access and enjoy.

Unlike traditional subdivisions where amenities might be owned by a developer or investment group, the structures of PUDs promote a more collaborative environment, which often includes a homeowners' association (HOA) that manages these facilities on behalf of the residents. The HOA is responsible for maintenance, management, and ensuring that the facilities are utilized for the benefit of all residents, fostering a sense of community.

While the developer may initially construct and set up these facilities, ownership generally transfers to the homeowners once the development is completed and the PUD is operational. This aligns with the principles of community living that define PUDs, contrasting with other options where businesses or individual investors might maintain control over such amenities.

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The development investors.

The PUD developer.

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