Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live.[1] The home can be a house, such as a single-family house, an apartment, condominium, or a housing cooperative. In addition to providing housing, owner-occupancy also functions as a real estate investment.
- ^ Koren, Liran (2022-04-13). "Owner-Occupied vs. Non-Owner-Occupied Real Estate: What's the Difference?". Luxury Property Care. Retrieved 2023-07-28.