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occupancy |
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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 noun actual possession, control, enjoyment, habitation, holding, inhabitancy, ownership, possessio, possession, proprietorship, retention, temporary possession, tenure Associated concepts: certificate of occupancy, continuous occupancy, illegal occupancy, partial occupancy, physiial occupancy, principal occupation, residency laws, right of occupancy See also: enjoyment, habitation, inhabitation, occupation, ownership, possession, seisin, tenancy, tenure, use 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."
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acquire acquisition actual possession adverse possession Asylums break certificate Certificate of Occupancy change chase Condominiums and Cooperatives contriving cooperative dispossess domicile dominion enjoyment Habitability habitation | Chapter 16 is for new day-care occupancies and Chapter 17 existing day-care facilities. ] 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. Some findings of the report include: Hotel values will decline, but a repeat of the major recession of the early 1990s is unlikely; convention attendance was down 20 percent to 40 percent in the fourth quarter of 2001, but many canceled events from September/October 2001 have been rescheduled for the first quarter of 2002; numerous planned hotel/motel projects that have not broken ground will be shelved in the short term; year-over-year national hotel occupancies nearly returned to pre-Sept. |
occupancies |
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