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The Occupancy Affidavit is one type of document that can be used to show that a home was (or is) the primary place of residence for a specified time period. It is a document that is attached to an application, such as a Senior Exemption.
Lending companies cannot force a homeowner to live in a home when they have legitimate reasons or even desires to move. However, to get out of the owner-occupancy clause on a primary residence home loan, the owner should be able to prove that they had every intention of occupying the home at the time of purchase.
A use and occupancy clause is an agreement between two parties in a real estate transaction. It is specifically used to provide either the buyer or the seller with occupancy in the property outside of a standard timeframe.
Local Occupancy Clauses limit the occupation of a property to those who have an established connection to the local area. The local planning authority will specify what an 'established connection' and the 'local area' means.