(a) For the purpose of this chapter, an “apartment owner-occupant” or “owner-occupant” means an owner of a residential apartment who on the renegotiation date of the lease of the residential apartment occupies the residential apartment as the owner’s principal residence.
(b) An apartment owner shall be deemed to occupy a residential apartment if, on the renegotiation date of the lease, the residential apartment serves as the principal place of residence of the apartment owner and the apartment owner has possessory control of the premises at that time. An apartment owner shall not be deemed to have possessory control of the premises if the residential apartment is rented, leased, or otherwise assigned to another person or entity for any period of time. Proof of residency and possessory control shall be established by rules adopted by the department.
(1990 Code, Ch. 39, Art. 1, § 39-1.2) (Added by Ord. 91-96)