Percentage of PropertyPropertyMultifamily residential property securing the Mortgage Loan and including the land (or Leasehold interest in land), Improvements, and personal property (as defined in the Uniform Commercial Code). units physically occupied by Qualified OccupantsQualified OccupantsParty occupying a dwelling unit in a Property in full compliance with a lease. , per Part II, Chapter 1: Attributes and Characteristics, Section 104.02: Qualified Occupants as adjusted for the applicable Part III products and features.