Qualifying home - Legal lexicon
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Qualifying home

Housing unit located in Canada. It includes existing homes and homes under construction. Single-family houses, semi-detached houses, townhouses, mobile homes, condominium units and apartments in duplexes, triplexes, fourplexes, or apartment buildings, are all considered qualifying homes. A share in a co-operative housing corporation that entitles you to own and gives you an equity interest in a housing unit located in Canada also qualifies. However, a share that only gives you the right to tenancy in the housing unit does not qualify.
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