What is OCCUPANCY COST?

The second most contributing factor to the operating cost of a business which involves the cost of occupying a property. Some companies inspite of ownership of the property implement the occupancy cost to have a realistic estimate of expenses.

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Related Legal Terms
OCCUPANCY, OCCUPANCY PHASE, TOTAL COST OF OWNERSHIP (TCO), CHANGE IN OCCUPANCY OR USE CLAUSE, LIMITED OCCUPANCY AGREEMENT, USE AND OCCUPANCY INSURANCE, LOW-COST COUNTRY SOURCING (LCCS), OCCUPANCY AGREEMENT, BENEFICIAL OCCUPANCY, ENGINEERING COST ESTIMATE


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