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Concepts & Responsibilities of Home Ownership

Across
__ homes are constructed in factories
__ homes are attached dewllings that may be condos or town houses.
A government agency that sets program standards for flood insurance.
Each condominium owner has an undivided ownership interest in the general and limited common __.
An owner of a __ unit owns not the unit itself but shares of stock that holds title to the building.
Through __ shares, multiple purchasers share ownership of a single property, usually a vacation home.
An additional document attached to an original insurance policy that amends the original.
__ use developments combine condominium living with shopping and recreation facilities.
Down
__ use properties are existing structures, such as hotels and schools that have been converted to residential use as either rental or condominium units.
__ clause is a provision in insurance policies covering real property that requires the policyholder to maintain coverage generally equal to at least 80% of the property's actual replacement cost.
__ homes are similar to single-family houses but are joined to each other.
__ clause in an insurance policy that limits the exposure to loss for an insured homeowner.
__ gain is income earned from the sale of an asset including real property.
The current market value of a property minus any loans.
Planned unit development
The single-largest purchase most Americans make.