The requirement that the veteran or members of the veteran's immediate family must occupy the CalVet Loan property means that the veteran or family must reside in or on the property and maintain it as their principal place of residence. For purposes of this section, “principal place of residence” shall mean the place where one lives for the greater part of time, or the place where one remains when not called elsewhere for some special or temporary purpose and to which one returns frequently and periodically, as from work or vacation. There may be only one “principal place of residence,” and where more than one residence is maintained or owned, the burden shall be on the veteran to show that the CalVet Loan property is the principal place of residence.

Note: Authority cited: Section 700, Military and Veterans Code. Reference: Sections 987.60(b) and 987.74, Military and Veterans Code.

History

1. Amendment filed 3-24-2026; operative 7-1-2026 (Register 2026, No. 13).