Solved: Mom bought a single family house last year and the builder is leasing the house from her to use as a model home. Is the house considered to be commercial or residential ?
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steve-preble
New Member

Mom bought a single family house last year and the builder is leasing the house from her to use as a model home. Is the house considered to be commercial or residential ?

If it matters, she was required to buy commercial insurance for the period that the builder was leasing the property.

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Anita01
New Member

Mom bought a single family house last year and the builder is leasing the house from her to use as a model home. Is the house considered to be commercial or residential ?

Since the property was leased to a business and is not being used as a residence by the renter, it would be considered a commercial property during this time.

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Anita01
New Member

Mom bought a single family house last year and the builder is leasing the house from her to use as a model home. Is the house considered to be commercial or residential ?

Since the property was leased to a business and is not being used as a residence by the renter, it would be considered a commercial property during this time.

View solution in original post

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