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owner-occupant |
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owner-occupant An owner of real property who also uses that property for his or her own business purposes.The truism is that owner-occupants will pay a higher price for real property than investors, because owner-occupants have limited choices for an ideal location, while investors may place their money anywhere. Contrast with an investor, who owns property in order to derive rental income from it. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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