Average Office Occupancy

Definition of "Average office occupancy"

Average number of business days an office space is being used.

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Related Real Estate Glossary terms

Comprehensive General Liability Insurance (cgl)

Coverage against all liability exposures of a business unless specifically excluded. Coverage includ ...

Rule Against Perpetuities

Time limit on the deferred ownership of property such that, 21 years after the property owner dies, ...

Square Foot Method

Represents a means of appraising a building by simply multiplying its square foot cost by the total ...

Damages

Sum the insurance company is legally obligated to pay an insured for losses incurred. ...

Special Mortality Table

One used to determine the life expectancy of annuitants. Annuity buyers are not representative of th ...

Inside Trim

Interior building trim surrounding windows, doors, and baseboards. Interior trim is both decorative ...

Related Real Estate FAQ

What Is A FHA Mortgage?

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is A Mortgage Broker?

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What If They No Longer Make My Specific Computer?

The insurance company will replace it with a model as close to it as possible in the current retail ...

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FAQ

What is a principal? What is a seller disclosure? What does a back-end ratio mean? What if they no longer make my specific computer? What is a Multiple Listing Service (MLS)?