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Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Common Terms 1   Common Terms 2

PUD

Function: noun

Definition 1:
Planned Unit Development. It is the comprehensive development plan for a large area. Usually indicating where roads, schools, recreational, office, commercial or industrial and residential areas will be. It could also be the subdivision that has common areas reserved for the use of and commonly owned by the separate lot owners.