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TeachMeFinance.com - explain Owner occupied Owner occupied -- (As used in EIA's consumption surveys.) Having the owner or the owner's business represented at the site. A building is considered owner occupied if an employee or representative of the owner (such as a building engineer or building manager) maintains office space in the building. Similarly, a chain store is considered owner occupied even though the actual owner may not be in the building but headquartered elsewhere. Other examples of the owner's business occupying a building include State-owned university buildings, elementary and secondary schools owned by a public school district, and a post office where the building is owned by the U.S. Postal Service. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.