vacant possession

noun

Definition of vacant possession

British
used to describe a situation in which property (such as a house) is vacant when it is sold so that the new owner can move in immediatelyproperty sold with vacant possession

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Cite this Entry

“Vacant possession.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/vacant%20possession. Accessed 28 January 2020.

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