Vacant Buildings.A homeowner applying to purchase a vacant building through the Fixed Pricing Program shall:Ensure an occupancy permit is obtained within 12 months from the date of settlement; and Maintain primary residency at the property for a minimum of 5 years from the date of issuance of the occupancy permit. If a property purchased by a homeowner for primary residency is sold or leased within the 6-year period, the homeowner shall be:Deemed to be a developer of the property; and Required to pay a pro-rated portion of $3,000 calculated based on the year that the property is sold. Vacant Lots. A homeowner applying to purchase a vacant lot through the Fixed Pricing Program shall:Construct a new residential unit and satisfy the requirements in <cite data-path="07.03.03.07|A.">§A of this regulation</cite>; or Ensure the lot is used as a side yard in accordance with <cite data-path="07.03.03.03|B.|(2)">§03(B)(2) of this chapter</cite>.