occupancy[äk′yo̵̅o̅ pən sē, -yə-]
- an occupying; a taking or keeping in possession
- the period during which a house, etc. is occupied
- the condition of being occupied
- Law the taking possession of a previously unowned object, thus establishing ownership
Origin of occupancy; from occupant
- a. The act of occupying or the condition of being occupied.b. The state of being an occupant or tenant.
- a. The period during which one owns, rents, or uses certain premises or land.b. The use to which something occupied is put: a building for commercial occupancy.
- Law The act of taking possession of previously unowned property with the intent of obtaining the right to own it.
- The act of occupying, the state of being occupied or the state of being an occupant or tenant.
- The period of time during which someone rents or otherwise occupies certain land or premises.
- The had a five-year occupancy on the house.
- The specific use to which something occupied is put.
- This building is for residential occupancy.
occupancy - Legal Definition
- The condition or act of possessing or living in a dwelling or on some property.
- The period of time during which one rents, owns, or in some way possesses property.
- Having actual possession of a place that has no owner so as to acquire legal rights to ownership. See also adverse possession.