![]() 987,919,550 visitors served. |
|
![]() Dictionary/ thesaurus | ![]() Medical dictionary | ![]() Legal dictionary | ![]() Financial dictionary | ![]() Acronyms | ![]() Idioms | ![]() Encyclopedia | ![]() Wikipedia encyclopedia | ? |
Occupancy |
Also found in: Dictionary/thesaurus, Wikipedia | 0.02 sec. |
|
Gaining or having physical possession of real property subject to, or in the absence of, legal right or title. In a fire insurance policy, for example, the term occupancy is used in reference to the purpose to which the land or building is devoted or adopted, as indicated in the policy. occupancy n. 1) living in or using premises, as a tenant or owner. 2) taking possession of real property or a thing which has no known owner, with the intention of gaining ownership. (See: occupant) OCCUPANCY. The taking possession of those things corporeal which are without
an owner, with an intention of appropriating them to one's own use. Pothier
defines it to be the title by which one acquires property in a thing which
belongs to nobody, by taking possession of it, with design of acquiring. Tr.
du Dr. de Propriete n. 20. The Civil Code of Lo. art. 3375, nearly following
Pothier, defines occupancy to be "a mode of acquiring property by which a
thing, which belongs to nobody, becomes the property of the person who took
possession of it, with an intention of acquiring a right of ownership in
it."
|
|
? References in periodicals archive |
|---|
The association's financial and performance indicators, reported quarterly to NIC by the nation's leading lenders, owners/operators and appraisal professionals in the senior living industry, also show that for the assisted living sector as a whole, fourth quarter 2003 occupancy rates held steady from third quarter, with the median and average occupancies at 85 percent. The sustained high recent occupancies broke the mold since we have not seen a dip in five years. Meanwhile, the county as a whole saw occupancies drop to 74. |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content NEW! | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|