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Simple English definitions for legal terms
vacancy
Read a random definition: right to rescind
A quick definition of vacancy:
Term: VACANCY
Definition: A vacancy is when a job or place is empty and no one is currently using it. This can happen when someone leaves a job or when a property is not being occupied. It can also refer to the time when a job or place is not being used. Even if someone is suspended from their job, it does not create a vacancy until they are officially removed.
A more thorough explanation:
Definition: The state or fact of a lack of occupancy in an office, post, or piece of property.
Examples:
- When the CEO resigned, there was a vacancy in the top position of the company.
- The apartment building had several vacancies, so the landlord was eager to find new tenants.
- After the retirement of the judge, there was a vacancy in the court that needed to be filled.
The examples illustrate that a vacancy refers to a situation where a position or property is not occupied. It can be a temporary or permanent situation, and it can occur in various contexts, such as in a company, a rental property, or a government institution.