B. Real Property
§651-91 Definitions. As used in this subpart:
"Head of a family" includes within its meaning:
"Long-term lease" means a lease for twenty years or more.
"Owner" means an individual who has an interest in real property.
"Person" means any individual under sixty-five years of age other than the head of a family.
"Real property" consists of the dwelling house in which the owner resides and one parcel of land not to exceed one acre, upon which it is situated together with other buildings thereon. This parcel may be in fee simple or any other interest in real property that vests the immediate right of possession, even though the immediate right of possession is not exclusive, and includes land held under long-term lease, ownership rights in a condominium or stock cooperative unit. [L 1976, c 136, pt of §1; am L 1978, c 46, §6; am L 2016, c 55, §31]