Who Is Vacant Possession?

Simply put, vacant possession means that the relevant person, whether that is a purchaser or landlord, is in a position to enjoy the property undisturbed.

How does vacant possession work?

A people and chattel-free zone

Well for starters - vacant possession means that the property must be empty or free of people. ... Vacant possession also requires the property to be empty of chattels such as furniture and boxes.

What is the purpose of vacant possession?

If you have received a Notice of Vacant Possession (VP) from your developer, it is basically an official statement to inform you, as the buyer, to take possession of the property. The VP is issued to certify that the buyer has made the full payment and that it bears the Certificate of Completion and Compliance (CCC).