Two Homes on One Lot

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  • #39368
    Nicole6543
    Member

    Hello,

    I am NACA qualified and looking for a property. I found a property that was listed as a multi-unit, however upon reading the description it is actually two separate homes, on one lot, with one address. Sometimes these types of properties are listed as being “on one deed”. Does this still qualify as a multi-unit with NACA?

    Thank you!

    #39385
    TTrumble
    Member

    Hello Nicole 6543,

    It should qualify as a two unit property. The best way to check is to find out if property taxes are assessed as one property or two separate properties. If they are taxed together rather than separately, it’s a two unit property.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

    #39398
    Nicole6543
    Member

    Excellent, I will check the property taxes.

    Thank you!

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