The phrase "occupancy requirement" refers to a rule or condition that determines how many people are allowed or required to live or stay in a certain place, such as a house, apartment, or hotel. Full definition
It explores topics like: Owner occupancy requirements, limits on commercial space in condos, investor ownership limits, and condo hotel rules. (nar.realtor)
If you have an existing VA home loan, you already know about the VA occupancy requirement for these loans. (valoans.com)
FHA lowers the owner - occupancy requirement on condominiums from 50 percent to 35 percent, effective immediately. (nar.realtor)