early occupancy - (1) possession of a property by a buyer prior to the close of an escrow. Usually established by agreement in the purchase contract, early occupancy is considered a form of tenancy until escrow actually closes. (2) may also apply to entry into leased premises by the lessee for purposes of improving the premises prior to the rent payment start date. The usual pre-conditions of such early occupancy are the payment of security deposits, executing the lease, providing required insurance policies and utilizing only lessor-approved plans and specifications for such improvements.

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