PropertyUsageType
Type :
CLOSING_PropertyUsageTypeEnumerated
Value
Description
Investment
Investor
The purchase of a home for the purpose of generating income by renting the property to tenants. NOTE: Used by AUS 2.1 only to indicate Investment.
Other
PrimaryResidence
Residence that the owner physically occupies and uses as his or her home.
SecondHome
A property purchased for occupancy by the owner but is not the primary residence. Usually recreational properties.
Definition
#DOCUMENTATION:02B-050 Enumerated Mark valid value Investor for deprecation in AUS 2.4. Use Investment. Added enumeration in AUS 2.4.
Parents
\LOAN\_APPLICATION\LOAN_PURPOSE