vacant possession

noun

Definition of vacant possession

British

  1. —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 immediately property sold with vacant possession

Word by Word Definitions

vacantplay
  1. :  not occupied by an incumbent, possessor, or officer

    :  being without content or occupant

    :  free from activity or work :  disengaged

possessionplay
  1. :  the act of having or taking into control

    :  control or occupancy of property without regard to ownership

    :  ownership


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