Meaning of Vacancy (What it is, Concept and Definition)

vacancy is a feminine noun that references what presents itself or has become vacant, i.e, that which is not occupied or filled. For example: Residential vacancy rate it is the relationship between the volume of available properties and the total existing volume.

Vacancy is also the time during which a position or job is not occupied or filled. “Vacance” is a French expression that means vacancy, vacant place, vacation, vacancy.

legal vacancy

At juridical area, vacancy is the state of the assets of the existing inheritance (the one whose heirs are not yet known), which after the expiry of the legal term, remain under the custody, conservation and administration of a trustee, until the heirs appear and qualify or declare themselves, by sentence to vacancy.

THE vacant inheritance it is the juvenile inheritance that becomes part of the State's patrimony, after the legal term has elapsed and the non-appearance of heirs has been confirmed, is the so-called vague inheritance.

Vacatio Legal

Is legal expression

, of Latin origin, which means "avoidance of the law", which corresponds to the period between the date of publication of a law and the beginning of its validity. This period, which varies around forty-five days, allows for the assimilation of the new law, while the old one remains in force.

Rubric Meaning (What it is, Concept and Definition)

Rubric means abbreviated signature of someone or a little note. The word comes from the Latin "in...

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Meaning of Trustee (What it is, Concept and Definition)

trustee it is a legal term used to designate an individual to whom justice trust an asset during ...

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Definition of Vacatio Legis (What they are, Concept and Definition)

Vacatio Legal is a legal term, of Latin origin, which means vacancy of the law, that is, "the Vag...

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