Answer:
Answer by David Dickinson: Typically, a "multifamily dwelling" is one with 5+ units. I'm not aware of any situations where the buildings aren't attached, but I don't think they have to be.
Answer:
Answer by Andy Zavoina: Multifamily means it is 5 or more units (or will house 5 or more families). Since it refers to a "dwelling" and a dwelling can be connected units or stand alones, I do not believe the units have to be in one structure to be multifamily.
Answer:
Answer by John Burnett: However, I believe that to be a "multifamily dwelling" it would have to be on a single parcel of land so that one deed covers the entire bundle. An example (and I'm stretching here) might be a parcel on which sits two buildings. The first is a triplex, and the second is a former guest house on the same parcel that has been converted to a duplex.
First published on BankersOnline.com 12/1/03
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