What is meant by Home Ownership
Friday, June 20th, 2008Home Ownership means the act of owning and occupying a house and the person who owns the house is called the owner-occupier. An owner-occupier is a person who lives in a house that he or she owns. Homes also include condominums, apartments, and housing cooperatives. The immovable property, including the home and the land it sits upon, is known as real estate.