Second home definition

Second home means a residential property that:
Second home means the status of the Property when used by any person who has a primary residence that is other than the Property.
Second home means any dwelling not deemed to be the sole or main residence of the liable person and which is furnished as defined by the Council Tax (Prescribed Class of Dwellings) (England) Regulations 2003 as amended; and

Examples of Second home in a sentence

  • Second, home prices reflect the quality of nearby public goods and services such as schools, roads, etc.

  • Second home owners who work from their second home are more likely to be engaged in SWAH, because telecommuting involves maintaining a regular schedule of work from one place; though data are not available to determine the specific types of work being conducted from seasonal homes.

  • Second, home buyers with higher credit scores could benefit from lower interest rates.

  • Second home ownership is especially prevalent in Truckee, a popular resort community in the Tahoe region.Building PermitsTotal PermitsThe number of building permits issued by the county declined dramatically during the economic downturn, mirroring state and nationwide trends.

  • Second, home buyers must provide at least 10% of the house value as “hard equity”, i.e. own resources not taken from households’ pension funds.


More Definitions of Second home

Second home means a residential property that: (1) An individual occupies for some portion of the filing year; and (2) Is not a rental property or a time share.
Second home means a dwelling which is no-one’s sole or main residence, but which a local authority is satisfied is occupied for at least 20 days in any financial year; and
Second home. A single family residence owned by Mortgagor for use as a dwelling unit for retirement, vacation, or home-away-from- home purposes.
Second home means any dwelling owned or permanently rented by the Applicant which will continue to be so owned/rented after successful conclusion of an application under this policy.
Second home means a residence described in Internal Revenue Code Section 163(h)(4)(A)(i)(II) determined without regard to any limit on aggregate acquisition indebtedness, but includes only a second home situated on and attached to real property and which is not regulated pursuant to Chapter 32, Title 27, relating to vacation time sharing plans.”
Second home. At least one borrower will occupy the property as a second home (vacation, etc) while maintaining a principal residence elsewhere. Investment Property: Not owner occupied. Purchased as an investment to be held or rented. REFINANCES ONLY I/We the undersigned acquired the property 2. Affiants acknowledge that this Affidavit of Occupancy is given as a material inducement to cause: to make a mortgage loan to Affiants and that any false statements, misrepresentations or material omissions shall constitute a breach of the Affiant’s obligation to: and that all the provisions of the mortgage indenture concerning default on the Promissory Note will thereupon be in full force and effect. 3. Affiants further acknowledge that they have read and understand the following:
Second home means to create a space imbued with possibilities which allow people to double up their lifestyle, being at home somewhere else. I propose to discuss the tension between mobility and se�ledness as an idea and a way of life. The old motive “anti-urban search for rural idylls” can be found in the motivations and practices of urban middle-class second-home owners in the 21st. Century. The spli�ing of the way of life into a place for work and representation, and into a place for leisure and privacy, is already manifested in the summerhouse and cityhouse conceptions of the 19th. Century .Tourism and mobility as a postmodern cultural practice transform historical and cultural habits into new frames and conditions.