A requirement to give 'vacant possession'of premises is common in the property world. For instance, a tenant might be required to yield up vacant possession at its lease end or when exercising a break option. Additionally, the hypothetical circumstances assumed at rentKing, VivienJournal of Building S...
Immediate:The buyer can have the property as quickly as their lawyer can do up the documents, which could be in as little as a few days. This typically means that the house is vacant and no one needs time to pack up and move out – the buyer can have it right away. There does nee...
Under a lease, the renter is considered a tenant and given exclusive possession for the time agreed to by both parties, otherwise known as the term of the lease. The term will outline what you’re allowed to do in the space, such as modifications, hours of operation, and other key ...
Hostile Possession is a legal term used to describe a situation where a person takes possession of a real property without the consent of the true owner. Historically, the concept of hostile possession can be traced back to ancient Roman law, which recognized the rights of those who openly occ...
But with so many different dates thrown at you: TOP date, CSC date, Vacant Possession Date… How do you know when exactly you’re officially allowed to move in? Let’s first define these terms: TheCertificate of Statutory Completion (CSC)is the permit that’s granted once all of the bui...
The front page of the 2005 edition of the Contract for the Sale of Land (Standard Contract) deals with whether or not vacant possession will be provided on settlement. The Contract is either marked “vacant possession” or “subject to existing tenancy”. If no box is marked, then vacant ...
Legally speaking, the lease is not broken untilyou have given back vacant possession of the rental property– i.e. you've completely moved out. Once you have broken your lease you'll be a homeowner! No more paying rent! What is the difference between lease and license?
Possession of small amounts of illegal substances, with or without the intent to distribute Felony DWI/DUI Stalking Human trafficking Promoting prostitution Child enticement (luring a child to a remote location for sexual purposes) Forgery Arson if the fire is set on vacant property or land. If ...
Still, a squatter has a few rights, especially in adverse possession or the act of occupying a vacant property. In many states, the property owner has to serve the squatter an eviction notice and go through the lawful process of eviction to get rid of squatters. ...
In addition, there is now also a ground for where the landlord is themselves a tenant on an Agricultural Holdings Act tenancy or Farm Business Tenancy and is required to deliver up the holding with vacant possession at the end of their tenancy to the head landlord. ...