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English definition of “vacant possession”

vacant possession

noun [U]     UK specialized
the fact that no one is living in or using a house or property at the moment when someone buys itMortgages and real estateRenting, hiring and hire purchase in general Renting propertyAvailable and accessiblePresent
(Definition of vacant possession noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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