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English definition of “owner-occupied”

owner-occupied

adjective uk   /ˌəʊ.nəˈɒk.jʊ.paɪd/ us    /ˌoʊ.nɚˈɑː.kjʊ-/ UK
describes houses or apartments that have been bought by the people who live in themMortgages and real estateRenting, hiring and hire purchase in general Renting property
owner-occupier
noun [C] uk   /ˌəʊ.nəˈɒk.jʊ.paɪ.ər/ us    /ˌoʊ.nɚˈɑː.kjʊ.paɪ.ɚ/
(Definition of owner-occupied from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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