What are the three occupancy types?
There are three types of occupancy:
- Principal Residence: The subject property will be a Primary Residence inhabited by the borrower.
- Second Home: The subject property will be occupied by the borrower for some portion of the year.
- Investment: An investment property is owned but not occupied by the borrower.
What are the main types of occupancy classifications?
The main recognized occupancy types under California law are:
- Group A [Assembly]
- Group B [Business]
- Group C [Camps]
- Group E [Education]
- Group F [Factory]
- Group H [High Hazard]
- Group I [Institutions]
- Group M [Mercantile]
What is NYC occupancy group R-3?
3Five or fewer children in a dwelling unit. A facility such as the above within a dwelling unit and having five or fewer children receiving such day care shall be classified as a Group R-3 occupancy or shall comply with the Residential Code of New York State.
What is Group R occupancy in NYC?
Residential Group R includes, among others, the use of a building or structure, or a portion thereof, for dwelling or sleeping purposes when not classified as Institutional Group I. Buildings containing three or more dwelling units shall be subject to the New York State Multiple Dwelling Law.
What is an R 2 occupancy?
R-2 Residential occupancies containing sleeping units or more than two dwelling units where the occupants are. primarily permanent in nature, including: Apartment houses. Boarding houses (nontransient) Convents.
What is an R-2 occupancy?
What does R3 occupancy mean?
R-3 Residential occupancies where the occupants are primarily permanent in nature and not classified as Group R-1, R-2, R- 4 or I, including: Buildings that do not contain more than two dwelling units. Adult facilities that provide accommodations for five or fewer persons of any age for less than 24 hours.
What is occupancy R?
regulated by the California Residential Code. Residential occupancies shall include the following: R-1 Residential occupancies containing sleeping units where the occupants are primarily transient in nature, including: Boarding houses (transient)
What is an R 3 building in NYC?
R3-2 districts are general residence districts that allow a variety of housing types, including low-rise attached houses, small multifamily apartment houses, and detached and semi-detached one- and two-family residences.
What does r3 occupancy mean?
R-3 Residential occupancies where the occupants are primarily permanent in nature and not classified as Group R-1, R-2, R-2.1, R-4 or I, including: Buildings that do not contain more than two dwelling units. Adult care facilities that provide accommodations for six or fewer clients of any age for less than 24 hours.