Primary residence Totally Explained

Everything about Primary Residence totally explained

A person's primary residence is the dwelling where they usually live, typically a house or an apartment. A person can only have one primary residence at any given time, though they may share the residence with other people. A primary residence is considered as a legal residence for the purpose of income tax and/or acquiring a mortgage. Criteria for a primary residence consist mostly of guidelines rather than hard rules, and residential status is often determined on a case-by-case basis. Possible factors include:

mailing address,
telephone listing,
time spent at residence per year,
voting registration,
location of personal effects, and
stated purpose of residence on insurance policies.

Use in Urban Planning

The primary residence is the main dwelling unit on a parcel of land. This term distinguishes this unit from a potential secondary suite.

Further Information

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