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vacancy provision

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).

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vacancy provision

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).

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Some forms also restrict coverage in connection with buildings that have been unoccupied for a specified number of days.

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