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English definition of “owner-occupied”

owner-occupied

adjective     /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     /ˌəʊ.nəˈɒk.jʊ.paɪ.ər/ US  /ˌoʊ.nɚˈɑː.kjʊ.paɪ.ɚ/ noun [C]
(Definition of owner-occupied adjective from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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