Dwelling unit” means a structure or the part of a structure that is used as a home, residence or sleeping place by one person who maintains a household or by two or more persons who maintain a common household.
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FAQs2
What is an ADU in real estate?
An ADU is a detached living space built on a property with an existing primary home.
What is a Granny room?
As a granny flat is fully self-contained, they’ll usually contain the following rooms: A bedroom (usually just the one) A kitchen or kitchenette. A living area. A bathroom (either separate or an ensuite)
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What is an accessory unit in Fannie Mae?
Fannie Mae will purchase a one-unit property with an accessory unit. An accessory unit is typically an additional living area independent of the primary dwelling unit and includes a fully functioning kitchen and bathroom. … The property is defined as a one-unit property.
