Second home definition

Second home means a residential property that:
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
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.

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 ownership rates are exceptionally low and have risen only very slightly during the last two decades.

  • The following are not eligible for manual underwriting: • Credit score is below 620• Second home and investment properties• Manufactured Housing• Loans where not all borrowers have a valid credit score.

  • If you use Second home rented out, earlier, for the use section 235 of the National Housing Act, part or part of your home for other than residential liv- requirement.

  • 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 automation systems and online automation services have been widely adopted not because they can represent complex automation rules, but due to their rich ecosystem of connected services.

  • Second home equity is an important component of both housing equity and net worth for the old population.

  • Heart of the City• Second home of the Japanese Language School established in 1906 (original building destroyed by fire)• Centre of Japanese cultural life as place for cultural events, meetings, festivals, and Japanese language instruction9.

  • Second home ownership should be defined as a person who wholly owns or who is a co-owner of part of another residential property on Saint Helena Island.


More Definitions of Second home

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. 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 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 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 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 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.

Related to Second home

  • Nursing home means that term as defined in section 20109 of the public health code, 1978 PA 368, MCL 333.20109.

  • Motor home means every private motor vehicle with a normal seating capacity of not more than 10

  • Mobile home means any dwelling that is designed to be made mobile, and constructed or manufactured to provide a permanent residence for one or more persons, but does not include a travel trailer or tent trailer;

  • Family day care home means a unit registered under Title 5, Subtitle 5 of the Family Law Article.

  • Modular home means a modular unit as defined in Section 15A-1-302.

  • Townhouse means a building, other than a plex, stacked townhouse or apartment building, containing at least 3 dwelling units, each dwelling unit separated vertically from the other by a party wall and each dwelling unit having a separate entrance to grade;

  • private dwelling means any part of a structure that is occupied as a residence, or any part of a structure or outdoor living area that is accessory to, and used wholly for the purposes of, a residence;