Principal home definition

Principal home means the sole residential property that an individual occupies as the individual’s primary residence, whether owned or rented by the individual.
Principal home means the building located in Hong Kong occupied as a private dwelling by the Insured Person as his only permanent residence.
Principal home means, subject to paragraph (4), a residential property which an individual who is a borrower under a housing loan secured or to be secured on that residential property, occupies or intends to occupy as his or her principal residence or, where the housing loan is provided for the purpose of constructing a building, where the individual intends to occupy that building as his or her principal residence following completion of the building;

Examples of Principal home in a sentence

  • Anti-social see part 3.1 Principal home - property in which you reside as your main dwelling This whole agreement, in parts, attempts to summarise current legislation.


More Definitions of Principal home

Principal home means a principal home as defined in section 19-71(e), Hawaiʻi County Code.”
Principal home means the property where a person is registered under section 4 of the Register of Property Occupation Act 2021;”
Principal home means the house or building located in Hong Kong occupied as a private dwelling by the Insured Person as his/her only permanent / primary residence.