A subdivision consisting of individually owned residential and/or commercial parcels or lots as well as areas owned in common.
A type of ownership with privately owned lots and buildings, and jointly owned common areas and facilities.
Property that is owned by a group where the individual owns a specific piece of land but has a divided interest in a common area. The development is governed by a Homeowners Association typically.
A single-family residence located in a community with association dues and other required monthly payments.
Keywords:  step, two, process
a two step process