vacant possession


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vacant possession

land not subject to any lease or other adverse interest that would prevent the purchaser taking possession.

VACANT POSSESSION, estates. An estate which has been abandoned by the tenant; the abandonment must be complete in order to make the possession vacant, and therefore if the tenant have goods on the premises, it will not be so considered. 2 Chit. Rep. 17 7; 2 Str. 1064; Bull. N. P. 97; Comyn on Landl. & Ten. 507, 517.

References in periodicals archive ?
a semi-rural area; available with early vacant possession Price.
You are buying the property with vacant possession and the seller must take effective steps to terminate the tenancy prior to completion.
THESE workshop premises in Stockton are available to let - with immediate vacant possession.
Harry's solicitor Maurice Evans said yesterday: "The company which owned Athlone House needed vacant possession of the land.
If the tenant delivers vacant possession of the space to the landlord, then these individuals are personally off the hook, except to the extent of their obligations through the date of delivery of possession.
They're on the side of the road but we're not signing the contract until we get vacant possession of the road.
Morrisons will take vacant possession of the 43,000 sq ft Pioneer store on February 19.
Leading owner, Pat Chambers, was involved in a scheme to buy the track in January but pulled out after failing to obtain vacant possession.
For sale with early vacant possession, the terraced home has much appeal.
A CHARMING one-bedroom bungalow is available with vacant possession and no upward chain, enabling its new owners to move in with the minimum of fuss.
The freehold property comprised over 21,000 sq ft in total and the sale was structured in a complicated part sale & leaseback and part vacant possession structure.
The property is offered for sale with no vendor chain and immediate vacant possession.