Principal dwelling definition

Principal dwelling means any dwelling and the land surrounding it that is reasonably necessary for use of the dwelling as a primary dwelling. It may include a part of a multidwelling or multipurpose building and a part of the land upon which it is built that is used as the primary dwelling.

Principal dwelling means any dwelling and the land surrounding it that is reasonably necessary for use of the dwelling as a primary dwelling, but not more than one acre. It may include a part of a multidwelling or multipurpose building and a part of the land upon which it is built that is used as the primary dwelling. Complete the worksheet at right if your principal dwelling is located on more than one acre of land.

Principal dwelling means the primary residence of a consumer. For purposes of this chapter, a consumer may have only one “principal dwelling”. A vacation or other second home shall not be considered a “principal dwelling”. However, if a consumer buys or builds a new dwelling that will become the consumer’s primary residence within a year or upon completion of the construction, the new residence is considered the “principal dwelling” for purposes of this chapter.

Examples of Principal dwelling in a sentence

• Principal dwelling ownership begins when an occupancy permit for the principal dwelling is issued by the Building Inspector or from the date of transfer of property with an existing occupiable dwelling.

• Principal dwelling unit: A dwelling unit permitted as a principal residential use under 200-11 Classification of Uses, limitation of uses.

• Principal dwelling ownership begins when an occupancy permit for the principal dwelling is issued by the Building Inspector or from the date of transfer of property with an existing dwelling for which an occupancy permit has been granted.

• The second mortgage trans- action is a residential mortgage transaction if the dwelling purchased is the consumer’s principal residence.3. Principal dwelling.

• Guidance on the average prime offer rate under§ 1026.35(a)(2), such as when a transaction’s rate is set and determination of the comparable transaction, is provided in the official commentary under Regulation C, the publication entitled ‘‘A Guide to HMDA Reporting: Getting it Right!’’, and the relevant ‘‘Frequently Asked Questions’’ on Home Mortgage Disclosure Act (HMDA) compliance posted on the FFIEC’s Web site at http:// www.ffiec.gov/hmda.35(b) Escrow Accounts.1. Principal dwelling.

More Definitions of Principal dwelling

Principal dwelling means a residential structure that contains one to four units, whether or not that structure is attached to real property, that is alsoa consumer’s primary residence. The term includes an individual condominium unit, cooperative unit, mobile home, and trailer, if it is used as a residence. A vacation or other second home is not a principal dwelling. A consumer can have only one principal dwelling at a time. However, if a consumer buys or builds a new dwelling that will become the consumer’s principal dwelling within a year or upon the completion of construction, the new dwelling is considered the principal dwelling.

Principal dwelling means a residential structure that

Principal dwelling means any dwelling that is used by the owner of the dwelling as a primary residence on January 1 of the year preceding the allocation of a credit under sub. (9) (bm) and includes improvements that are classified, under ch. 70, as taxable real property or personal property.

Principal dwelling means the primary residence of a consumer. For

Principal dwelling means a residential structure that contains one to 4 units, whether or not that structure is attached to real property. "Principal dwelling" includes an individual condominium unit, cooperative unit, manufactured home, mobile home, and trailer, if it is used as a residence.

Principal dwelling means a dwelling that is owned and used by the

Principal dwelling means a residential structure or mobile home