vacant possession
B2CEFR level
82/100Rarity: very rare
TechnicalRegister
Law phrase
The state of a property being empty of occupiers and belongings so the buyer can take it over on completion.
The contract requires the seller to give vacant possession, so all tenants must have left before completion.
Business noun
The delivery of property empty of occupiers and their belongings on completion of a sale.
The sale was conditional on the owner giving vacant possession of the whole building.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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