accessory apartment

accessory apartment

n.
An apartment within a single-family dwelling. Also called granny flat, in-law apartment.
References in periodicals archive ?
Homeowners can have an accessory dwelling unit without the need to comply with any additional requirements for lot size, frontage, space limitations or other controls, beyond what is otherwise required for a single-family dwelling, except that municipalities can require a larger lot size, if the accessory apartment is detached from the primary residence.
a public hearing will be held regarding the a special permit for the expansion of a garage and the addition of an accessory apartment to a single-family residence on Woodland Heights Drive.
Either the principal dwelling or accessory apartment unit must be
Another option is to build a larger home with an accessory apartment that can be closed off and rented out separately.
Designed to suit established families who need a home office, the 3,797-square-foot plan features an accessory apartment, a HUD requirement, above the porte cochere, which can house a relative or be a source of rental income.
One model is laws that allow the creation of an accessory apartment in single-family homes, in effect converting them to two-family structures.
Finland and Great Britain allow modest amounts of the rent from an accessory apartment to be disregarded for income tax and social security purposes.
The accessory apartment is not only a source of rental income, offsetting the financial demands of maintaining a home on a fixed income, but can also provide increased personal security and companionship.
Since the elderly are now living longer than ever, more homeowning senior citizens will find it helpful - if not crucial - to be able to move into or rent an accessory apartment for extra income.
Toronto, Vancouver, and Montreal have all committed themselves to extensive accessory apartment policies.
Rolled out in the spring of 1989, the SHO program offered special loans to seniors for accessory apartment construction, elderly cottage houses, homesharing and sale-leasebacks.
One way to do this is to add an accessory apartment to an existing home (split levels are easy to convert) and then work with the real estate agent to learn how prospects respond.