Stabilized Residential Occupancy
Percentage of PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per 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 105.02: Qualified Occupants as adjusted for the applicable Part III products and features.