As used in § 24402 through § 24413: (a) “Home” means a building used and occupied by the owner thereof, including outbuildings, and the land on which it is located if such land is owned by the owner of the building.
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(b) “Own” and “owner” refer to ownership in fee simple, including corporations, partnerships, and associations. (c) “Owned” and “owner” refer to ownership in fee simple, including a purchaser of a fee under a recorded purchase contract, or a beneficial ownership. (d) “Commercial purposes” does not include agricultural purposes, including grazing; or use in connection with fishing. (e) “Appraised value” means appraised value as defined in item (f), § 24102. SOURCE: GC § 19330.2.