Definition

Adjective * Occupied by its owner: Describes a house, apartment, or other dwelling where the person who owns the property also lives in it as their primary residence.

Usage

This adjective is primarily used to describe residential property in legal, real estate, financial, and census contexts. It contrasts with properties that are rented out to tenants or left vacant by the owner. * It typically modifies nouns like home, house, apartment, dwelling, property, or unit. * It is often used in compound form before a noun (e.g., owner-occupied home) but can also follow a linking verb like is or are.

Examples

• The neighborhood consists mostly of owner-occupied houses.
• Is the property owner-occupied, or is it an investment rental?
• Mortgage rates can be lower for owner-occupied dwellings.
• The census data showed a 60% owner-occupied housing rate in the county.

Advanced Usage

• Owner-occupier (noun): The person who owns and lives in a property.
  • The policy is designed to help first-time owner-occupiers.
• Owner-occupancy (noun): The state or condition of being owner-occupied.
  • The level of owner-occupancy has risen in the last decade.

Variants and Related Words

• Owner-occupier: (noun) The owner who resides in the property.
• Owner-occupancy: (noun) The fact or percentage of homes that are owner-occupied.
• Primary residence: (noun phrase) A legal term for the main home where a person lives, which may be owner-occupied.
• Resident owner: (noun phrase) A similar term emphasizing the owner's residency.

Synonyms

• Lived-in by the owner
• Non-rental (in specific contexts)
• Proprietor-occupied (less common, formal)

Antonyms

• Rental
• Tenant-occupied
• Landlord-owned
• Investment property
• Vacant (if owned but not lived in)

Adjective

1. lived in by the owner
   • one owner-occupied and three rental apartments