Rental Properties

Occupancy Level
Occupancy level is a crucial metric in real estate and hospitality industries, indicating the percentage of currently rented units in a building, city, neighborhood, or complex.
Vacancy
In real estate and property management, vacancy refers to the state of a property that is unoccupied. A vacant building or unit is one that is presently empty and not leased or rented out.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.