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.

References in periodicals archive ?

QTS now expects to offer pre-leased customers early occupancy ahead of the Phase 1 completion scheduled for mid-2018.

QTS achieves early delivery of commissioned space to global health insurance provider

The early occupancy of the film on release day is proof that the film team opting not to promote Ittefaq, is serving as a rude shock upon the film's release today.

Lack of buzz sends 'Ittefaq' team into a tizzy, 'No promotions' reversed!

In the months April to September, deliveries are to be called as early occupancy.

Delivery Of De-icing Salt To The Bsr Properties Of The Cleaning

But we are seeing landlords asking for longer lease terms, and some of the concessions they were offering in a looser market, things like free rent, early occupancy and expansion or contraction rights, aren't being offered as standard during negotiations.

Madison Office Vacancy Rates Reach Historic Low

Prospective buyers looking to move in immediately will find the SMDC Condo Craze as a "onestop shop" since they can avail of the early occupancy program as well as the onthespot loan processing from BDO and China Bank.

Get exclusive condo deals through SMDC Condo Craze

Too often, this is a major area of vulnerability during early occupancy in a new facility.

Trial run: in the same way that commissioning ensures building systems were installed properly and will perform as expected, clinical operations commissioning puts new building workflows to the test

and is offered with flexible terms to encourage an early occupancy.

Unit with a variety of uses

One of the concessions being given to encourage early occupancy is shorter tenancies, the survey confirms.

Survey points to rise in inducements

With material readily available, delays are eliminated resulting in speedy construction and early occupancy.

Casting a new light on an old approach to building

The project team has implemented a Lean Project Delivery Method with Integrated Form of Agreement, as well as the OSHPD phased permitting process to deliver a fully integrated, affordable project; targeting early occupancy and significant cost savings.