Common use of Owner Occupancy Clause in Contracts

Owner Occupancy. Homeowner shall occupy any and all structures and other permanent improvements located on the Leased Land, including both the original home constructed on the Leased Land, and all permanent improvements added thereafter (collectively, the “Home”), as their “primary residence,” as such term is defined in the Guidelines, and shall physically reside therein on a fulltime basis, at least ten months out of each year.

Appears in 2 contracts

Samples: Housing Authority, Housing Authority Ground Lease

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Owner Occupancy. Homeowner shall occupy any and all structures and other permanent improvements located on the Leased Land, including both the original home constructed on the Leased Land, and all permanent improvements added thereafter (collectively, the “Home”), as their “primary residence,” as such term is defined in the GuidelinesRules and Regulations, and shall physically reside therein on a fulltime basis, at least ten months out of each year.

Appears in 1 contract

Samples: Housing Authority Ground Lease

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Owner Occupancy. Homeowner shall occupy any and all structures and other permanent improvements located on the Leased Land, including both the original home constructed on the Leased Land, and all permanent improvements added thereafter (collectively, the “Home”), as their “primary residence,” as such term is defined in the GuidelinesHousing Rules and Regulations, and shall physically reside therein on a fulltime basis, at least ten months out of each year.

Appears in 1 contract

Samples: Five Hall

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