When a non-occupying investor and an owner-occupant pool their resources to buy a home, this is called:
A) equity ownership
B) equity occupancy
C) equity sharing
D) equity investing

Question

Quizplus · Accepted Answer

When a non-occupying investor and an owner-occupant pool their resources to buy a home, it is called equity sharing. This allows both parties to benefit from the investment and share in the responsibilities and costs of owning the property. It is a common arrangement for individuals who may not have the full financial resources to purchase a home on their own.

When a Non-Occupying Investor and an Owner-Occupant Pool Their Resources