MUDs, PUDs & PIDs

Description

The objective of this course is for attendees to gain an understanding of the differences between a Municipal Utility District (MUD), Planned Unit Development (PUD) and Public Improvement District (PID). Further objectives are for attendees to: understand how to find if a property is located in a special district; find the contact information for obtaining notice to provide to potential buyers of property located within a district; understand how each type of special district is funded by property owners; and distinguish what types of services each type of district provides. This subject matter is relevant to real estate license holders as providing notice is required in real estate transactions for property located within a special district. Further, being able to describe the districts will lead to better informed buyers.