Additional Dwelling Unit
New accessory residential dwelling unit(s) constructed, converted, or added at the PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code)., including garage conversions, additions to existing structures, or new detached or attached residential structures, but excluding the conversion or subdivision of any existing residential units at the PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code)..
Synonyms
Additional Dwelling Units
ADU
ADUs