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Investments glossary

Housing Unit

The term housing unit refers to a single unit within a larger structure that can be used by an individual or household to eat, sleep, and live. The unit can be in any type of residence such as a house, apartment, mobile home or may also be a single unit in a group of rooms. Essentially, a housing unit is deemed to be a separate living quarter where the occupants live and eat separately from other residents of the structure or building. They also have direct access from the building’s exterior or through a common hallway.

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