OCCUPANCY
Occupancy
Occupancy in building construction and building codes is the use or intended use of a building or part thereof for the shelter or support of persons, animals or property. A closely related meaning is the number of units in such a building that are rented or leased, or otherwise in-use. The lack of occupancy in this sense is a vacancy.The above text is a snippet from Wikipedia: Occupancy
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occupancy
Noun
- The act of occupying, the state of being occupied or the state of being an occupant or tenant.
- The period of time during which someone rents or otherwise occupies certain land or premises.
- The had a five-year occupancy on the house.
- The specific use to which something occupied is put.
- This building is for residential occupancy.
The above text is a snippet from Wiktionary: occupancy
and as such is available under the Creative Commons Attribution/Share-Alike License.