PUD owners have these two types of ownership:fee simple defeasible and tenancy of the entiretyfee simple absolute and tenancy in commonfee absolute and joint tenancyjoint tenancy and tenancy in common

The two types of ownership that PUD (Planned Unit Development) owners have are: fee simple absolute and tenancy in common.

1. Fee Simple Absolute: This is the most common type of ownership. It is the highest form of ownership a person can have in real estate. It gives the owner unrestricted rights to the property, to use it as they wish and sell it at their discretion.

2. Tenancy in Common: This type of ownership is when two or more people hold title to real estate jointly, with equal or unequal percentages of ownership. Each owner has the right to sell, lease or will to their heirs that specific percentage of the property.