What are site condominiums?
Site condominiums are a form of land subdivision in which the project is developed under a master deed rather than a plat. Site condominiums include private roads instead of public roads. Also, the land is sold under condominium ownership, meaning an individual owns the house and usually the land under the foundation, with an exclusive right to use the “site” around the home. Some developers sell off the ‘site”, similar to a platted subdivision, but the roads, parks and other common areas are owned in common by all property owners.
