Ownership Interest Type

Definition

Ownership Interest Type. A category indicating the nature of the applicant's or borrower's ownership or leasehold interest in the land where the manufactured home is located.

The 'other' category with a custom description can be handled by creating another instance of this class.

Issues and Challenges

It would be possible to create a subclas of this for other called something like CustomOwnershipType if it was necessary to keep the standard options separate.

See Also

• the 2015 Revised HMDA regulation.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.