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...
Conwy's acting corporate director Iwan Davies said that in June the council and the Cabinet were "clear" that the authority would only acquire the pier with vacant possession.
From the seller's perspective, while he will not wish to end his income stream without a committed purchaser, he would also be taking a risk in exchanging unless he was confident of having vacant possession on completion, as otherwise he will be in breach of contract.
The three-storey, period, stone property is being sold with vacant possession on behalf of its current owners, the MoD's Defence Estates.
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.
He said: "We're waiting to get vacant possession. There are uninvited guests on the property.
Leading owner, Pat Chambers, was involved in a scheme to buy the track in January but pulled out after failing to obtain vacant possession.
The apartment is available with vacant possession and no onward chain.
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.