homeowner
Definition
Noun: A person who owns the house or apartment in which they live; a property owner who occupies their dwelling.
Usage
The term "homeowner" specifically refers to an individual who holds the legal title to a residential property and uses it as their primary residence. It distinguishes them from tenants, landlords who do not occupy the property, or owners of commercial real estate.
Examples
- The homeowner called a plumber to fix the leaking faucet.
- New tax incentives are available for first-time homeowners.
- The association's rules are set by a board elected by the homeowners.
Advanced Usage
- "Homeowner equity": The current market value of a home minus the remaining mortgage balance, representing the owner's financial stake in the property.
- "Homeowner's insurance": A specific type of property insurance that covers losses and damages to an individual's house and assets within the home, along with liability insurance for accidents that may occur on the property.
Variants and Related Words
- Homeownership (n): The state or condition of being a homeowner.
- The rate of homeownership has increased this year.
- Homeowning (adj): Used to describe something related to being a homeowner.
- The homeowning public.
Synonyms
- Householder: A person who owns or rents a house; the head of a household. (Can be broader than "homeowner," as it includes tenants.)
- Property owner: A more general term for someone who owns real estate, which may not be their residence.
- Freeholder: In some legal contexts, one who owns the land and buildings outright.
Antonyms
- Tenant: A person who occupies land or property rented from a landlord.
- Renter: A person who pays rent to use or occupy property owned by another.
- Landlord: A person who rents out land, a building, or an apartment to a tenant. (A landlord may or may not also be a homeowner if they live elsewhere.)
Noun
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someone who owns a home
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