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Use and Occupancy

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Use and Occupancy
A payment one makes periodically for the right to live in and occupy a piece of real estate while a court case related to the property is pending. Use and occupancy is identical to rent, but the landlord and tenant do not have rights and obligations toward each other, often because a lawsuit is in progress.


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The number of overall bathroom facilities depends on the size of the building as well as its use and occupancy rate, she said.
 
 
 
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