1.1.H.75 Homeowner
Usage
This definition applies to all payments.
Definition: if the person is not a member of a couple
If:
- the person has a right or interest in the person's principal home
- the person's right or interest in the home gives the person reasonable security of tenure in the home.
Definition: if the person is a member of a couple
If:
- the person, or the person's partner, has a right or interest in one residence that is
- the person's or partner’s principal home
- the principal home of both of them
and
- the person's right or interest, or the partner's right or interest, in the home gives the person, or the person's partner, reasonable security of tenure in the home.
Definition: other circumstances
Whether a person is a member of a couple or not they will be considered a homeowner if:
- the whole or a part of the proceeds of the sale of the person's principal home are disregarded under subsection 1118(2)
- the value of a residence, land or a structure is disregarded under subsection 1118(2).
Note: See also SSAct section 1145 to 1157 (retirement villages).