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early occupancy |
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early occupancy If agreed among the parties, the ability of a purchaser to take possession of property before closing. Under some circumstances, a buyer who takes early occupancy may be considered as assuming the risk of loss if there is a fire or other destruction of the property. In other words, the buyer may be obligated to proceed to closing at the full purchase price, even if the seller has no insurance coverage. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The construction timeline calls for early occupancy by late 2010 and full occupancy in February 2011. With material readily available, delays are eliminated resulting in speedy construction and early occupancy. Stearns unique processes aided in eliminating challenges and contributed to early occupancy of the casino and administration building, as well as meeting the owner's financial and performance-driven goals. |
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