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Void

  • An ironic homonym whereby a property void can cause another void:
    • A property without a tenant, perhaps between tenancies or pending sale.
    • This can give rise to wider issues such as vitiation of insurance rendering insurance as void.
  • Void Allowance
    • The allowance made for periods of occupancy.
    • A contingency fund for such inevitability based on historic records of actual voids.
Published: 11 November 2013 Last Updated: 17 November 2021

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