Primary Residence definition
Examples of Primary Residence in a sentence
Home Equity Lines of Credit Requirements and Terms: Primary Residence, Second Home, Vacation Home, Investment and Rental properties must be located in one of the following states: WA, OR, CA, AZ, KS, MO, ID, IL, PA and SC.
If the Subject Property Owner intends to continue to occupy the Subject Property as his or her Primary Residence and will share occupancy with the Qualified Tenant(s) then the Administrator shall issue a written approval to the Subject Property Owner to rent the Subject Property within five business days after the Subject Property Owner notifies the Administrator of the Subject Property Owner’s intent to rent the Subject Property.
Any person who is not the Subject Property Owner, and who occupies the Subject Property as his or her Primary Residence in compliance with this Covenant.
The Subject Property Owner has occupied the Subject Property as his or her Primary Residence for at least eight of the twelve months immediately preceding the Compliance Date, as evidenced by documentation the Administrator may request, or, if acceptable to the Administrator, by an affidavit affirming the same.
Any person who occupies the Subject Property as his or her Primary Residence but who has no ownership interest in the Subject Property.