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NAL PROPERTY COVERAGE FORM CONDOMINIUM ASSOCIATION COVERAGE FORM CONDOMINIUM COMMERCIAL UNIT-OWNERS COVERAGE FORM STANDARD PROPERTY POLICY Prem. No. Bldg. No. SCHEDULE Excepted Causes of Loss Vandalism Sprinkler Leakage Permit Period From To A. The VACANCY Loss Condition does not apply to direct physical loss or damage: 1. At the locations; and 2. During the Permit Period; shown in the Schedule or in the Declarations. B. This Vacancy Permit does not apply to the Excepted Causes of Loss indi.

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A property is vacant if there is no one occupying it at the time of acquisition.

A vacancy provision, found in most commercial property policies, severely restricts coverage in connection with buildings that have been vacant for a specified number of days (typically, 60 days).

A vacancy clause (also called an unoccupied property clause) is a rider that can be added to your insurance policy and will exclude or limit coverage for certain types of damage while your property is vacant.

Vacancy permits will usually restrict coverage to the basics, like fire, and eliminate important coverages like water damage among others. If you do not have a vacancy permit and your home is vacant, then your home may become completely uninsured and any claim happening during the time of vacancy may be denied.

Webster's Encyclopedic Unabridged Dictionary of the English Language has the following to say: Unoccupied: without occupants, but not devoid of furniture or other furnishings. Vacant: having no tenant or contents; empty, void. The difference between the two is a matter of time and intent.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232