Single Family Detached vs. Family Deeded Condo
What is the difference between “Single Family Detached” and “Single Family Deeded Condo”?
More and more single family, detached condominiums are showing up on the market. While these properties look like single family homes, they are in fact condominiums. Their legal description states they are condominiums and they require the same contracts and disclosures as a condominium.
If you have a property like this, you can list it 1 of 2 ways:
- As a Condominium: You can enter the listing under the Condominium property type and check Single Family/detached in the Details under Type.
- As a Single Family: You can enter the listing under the Single Family property type and check Single Family Deeded Condo in the Details under Type.
“Single Family Deeded Condo” indicates that the property has all the features of a single family, stand alone home but, it is deeded as a condominium.
You may decide to enter these detached, single family condo properties in either the Condo category as type = “Single Family Detached” or in the Single Family category as type = “Deeded Condo”. YOU MAY NOT ENTER IT IN BOTH CATEGORIES. If the property is entered into both categories the MLS will delete the property in the Single Family category and sanctions will be levied. Traditional attached, multi-unit and high rise condo units must continue to be listed in the condo category.
If the listing is added in the single family category it should be noted in the “Details” that it is a “Single Family – Deeded Condo” and the association/condominium name and fees should be entered in the appropriate “Main” listing fields. If you do not include the above required information the MLS will make the appropriate changes and sanctions will be levied.
If you have a buyer/prospect that might be interested in properties that are either a single family or a single family condominium be sure to search the condominium category using the detail “Single Family/detached”.
If you currently have a listing in the condominium category and would like it to appear in the single family category instead, expire out the condo and re-enter the listing in the single family category. Listings cannot be transferred from one category to another. You do not need to resubmit paperwork to the MLS.