Alabama Real Estate Practice Exam 2026 – All-in-One Guide to Master Your Real Estate License!

Planned Unit Developments, or PUDs, are characterized by a combination of residential, commercial, and industrial properties. This means that a PUD can have a mix of different types of properties, such as single-family homes, townhouses, retail stores, office buildings, and even manufacturing facilities.

Option A, single ownership of an apartment, is not a correct characterization of PUDs. Single ownership typically refers to owning a specific unit within a property, while PUDs involve a mix of properties with multiple owners.

Option C, fractional ownership of a property, is also not a correct characterization of PUDs. Fractional ownership typically refers to owning a percentage of a single property, whereas PUDs involve multiple properties with different owners.

Option D, shared liability among partners, is also not a correct characterization of PUDs. PUDs do not necessarily involve partnerships and