Meaning of vacant possession in English:

vacant possession

Pronunciation

Translate vacant possession into Spanish

noun

mass nounBritish
  • The right of a purchaser to exclusive use of a property on completion of the sale, any previous occupant having moved out.

    ‘The valuation assumes a sound freehold title with full vacant possession.’
    • ‘The present value of the house, unencumbered with vacant possession, is about £160,000.’
    • ‘The land with vacant possession was valued at £90,000.’
    • ‘We would anticipate strong demand if the land were sold with vacant possession for redevelopment purposes.’
    • ‘There are 18 parking spaces included in the sale price and the property is being sold with full vacant possession.’