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September 28, 2018

Style Field

(SF) Single Family – Single Family Home (no Common Interest Community that would be subject to MN Statute 515B)

(TH) Quad/4 Corners – 4 unit town home with each unite in one corner. Usually split entry design.

(TH) Side x Side – 2 or more units connected with common walls side by side.  Also called Row houses.  A Town home has a CIC that is subject to the MN Statute 515B, requiring the Disclosure Statement or Resale Disclosure Certificate mandating the 10 day Purchaser’s Right of Rescission.

(TH) Detached – Single family stand alone unit with a townhouse-type homeowner association (building exterior maintenance, snow removal, sanitation, etc.).  If the home has a CIC that is subject to the MN Statute 515B, requiring the Disclosure Statement or Resale Disclosure Certificate mandating the 10 day Purchaser’s Right of Rescission, then the SF home must be listed as a (TH) Detached.

(CC) High Rise (4+ Levels) – 4 or more levels. Common entrance and hallways, including converted apartment buildings.

(CC) Low Rise (3- Levels) – 3 or fewer levels.  Common entrance and hallways, including converted apartment buildings.

(CC) Manor/Village – A manor has 1 entry hall for 4 units, 2 units on the 1st floor and 2 units on the 2nd floor.  A village is similar plus added units on each end with private entrances.  Other village designs have 2 or 3 stories with stairways and shared hallways, or 2 stores with outside entrances for each unit and no shared hallways.

(CC) Two Unit – May be side x side or up and down.  Often a duplex converted to a condominium or coop.

(CC) Converted Mansion – A converted single family home with 3 or more units.

(TW) Twin Home – Zero lot line ownership.  A common wall agreement is necessary as part of the purchase agreement.

Time Share – Buyer obtains a right to occupy for a fixed or variable time period.  Property structured under state time-share statues.

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