A Condominium Project refers to a project in which one-family Dwelling Units are attached, semi-detached, detached, or Manufactured Home units, and in which owners hold an undivided interest in Common Elements.
For Condominium Project Approval Requirements, see Handbook 4000.1, Sections II.A.8.p.ii and II.C.2.c.
Condominium Unit / Single Unit Approval
A Condominium Unit (Unit) refers to real estate consisting of a one-family Dwelling Unit in a Condominium Project that is not a Site Condominium.
A Condominium Project Condominium Unit must be either located within an FHA approved Condominium Project, meet FHA’s definition of a Site Condominium, or have completed the FHA Single Unit Approval process before a Mortgage on an individual Condominium Unit can be insured.
For Single Unit Approvals, which are Units in Condominium Projects not approved by FHA, see Handbook 4000.1, Section II.A.8.p.iii;
Site Condominiums
A Site Condominiums refers to:
- a Condominium Project that consists entirely of Single Family detached dwellings that have no shared garages, or any other attached buildings; or
- a Condominium Project that:
- consists of Single Family detached or horizontally attached (townhouse) dwellings where the unit consists of the dwelling and land;
- does not contain any Manufactured Housing Units; and
- is encumbered by a declaration of condominium covenants or a condominium form of ownership.
Site Condominiums do not require Condominium Project Approval or Single-Unit Approval.
Manufactured Housing condominium units may not be processed as Site Condominiums.
For Site Condominiums Units in Approved Condominium Projects, see Handbook 4000.1, Section II.A.8.p.iv.
For additional condominium information see:
- Handbook 40001. II.A.1.b.iv(B)(5)-(6), II.A.8.p and II.C at
https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh - The FHA Condominium Mortgage Insurance page at https://www.hud.gov/program_offices/housing/sfh/ins/sfh_ins_condominiums