occupancy agreement

occupancy agreement

An agreement that allows a buyer to take possession of property prior to closing on the purchase. Except for the most unusual of circumstances, it is usually a poor idea because of the risks involved if the sale falls through.

References in periodicals archive ?
Contract notice: occupancy agreement for the public domain for the operation of vending machines in the premises of the nice sophia antipolis university
Under the Occupancy Agreement, no fee will be collected from the teachers, except for a minimal R1,000 in monthly maintenance cost.
1 million for a one-year building occupancy agreement with the Office of the Comptroller of the Currency; and $10.
NAVSEA leadership worked with the General Services Administration to put together an occupancy agreement allowing NAVSEA to temporarily move into the building.
Goldcorp announced on May 5 that its Los Filos mine in Guerrero state, Mexico, had resumed all operations following a negotiated settlement with the Carrizalillo Ejido for a new land occupancy agreement with a five-year term.
The company has taken this step following a negotiated settlement with the Carrizalillo Ejido for a new land occupancy agreement with a five-year term.
At that time, British and American interests were operating in the Oregon country under a joint occupancy agreement that did not address the question of sovereignty.
The parties entered into an occupancy agreement and the Jensens waived all defenses to RMP's acquisition of the easement, except a claim of just compensation.
At Value Place, each renter signs a weekly occupancy agreement, so it is expected that neighbors will change frequently.
The tenant signed an occupancy agreement that had a "no pets" provision when he first moved in.
First, airport space available to CBP does not meet facility standards and CBP has not reached a long-term occupancy agreement with the CNMI.
Officers told the committee: "It is considered the proposal is one that can be approved, with the developers having already confirmed they are prepared to enter into a local occupancy agreement for four semi-detached houses.