Ownership Intention

A list of the type(s) of possible or best uses of the premises. Probable use gives a good indication of what the best use or potential use of the property could be.

Data Type: 
Constrained List
Unit of Measure: 
Commercial, Residential, Multifamily
List Options Option Definition Unit of Measure
Cooperative A cooperative, or co-op, is legally owned and shared by all occupants in the premises. None
Investment The premises was purchased as an investment, which can be a long-term endeavor, such as an apartment building, or an intended short-term investment in the case of flipping (where a property is bought, remodeled or renovated, and sold at a profit). None
None None None
Not applicable Not applicable None
Other Other None
Primary The premises is a primary place of residence or business. None
Rental The premises is available for or being rented. None
Retirement The premises will be occupied during the years of retirement. None
Unknown Unknown None
Vacation The premises is only occupied during vacation periods. None
Term ID: acc27dac-df0b-498d-9877-477ca2db5a53