Owner-occupant definition

Owner-occupant means any individual in whose name sole or joint legal title is held in a residential unit that, simultaneous to such ownership, serves as the individual's principal residence, as defined by the department of taxation, for a period of not less than three hundred sixty-five consecutive days; provided that the individual shall retain complete possessory control of the premises of the residential unit during this period. An individual shall not be deemed to have complete possessory control of the premises if the individual rents, leases, or assigns the premises for any period of time to any other person in whose name legal title is not held; except that an individual shall be deemed to have complete possessory control even when the individual conveys or transfers the unit into a trust for estate planning purposes and continues in the use of the premises as the individual's principal residence during this period.
Owner-occupant means a person, at the time that a notice of default and intention to foreclose is served on the mortgagor under the power of sale:
Owner-occupant means an individual who is the mortgagor of a residential property that is that individual’s primary residence. The term may include two or more individuals who are joint mortgagors of that residential property.

More Definitions of Owner-occupant

Owner-occupant means a natural person who:
Owner-occupant means a resident of Cuyahoga County who owns or will own the home which they identify as his or her principal place of residence.
Owner-occupant is defined in the Below-Market Rate Housing Plan. “Relocating Artists” is defined in Section 3.4(a).
Owner-occupant means any owner of real property who, at the time such owner contracts for the improvement thereof, occupies such real property as such owner's principal place of residence;
Owner-occupant means an owner who occupies at least one of
Owner-occupant means an individual who utilizes the unit he or she owns as his or her principal place of residence. An occupant will only be considered an owner- occupant if the share of the building that he or she owns is within 10% of the pro rata appraised value of the unit in which he or she resides.
Owner-occupant means any person owning property, as shown on the last equalized assessment roll for City taxes, or the lessee tenant, or other person having control or possession of the property.