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Vacant possession refers to the typical condition in which a seller must hand over a property to a buyer upon completion, or a tenant must return the property to a landlord at the end of a lease. In simple terms, it means that the rightful person, such as a buyer or a landlord, can peacefully and fully utilize the property.
Visitors play a large part in Destin's economy – the city's population of around 12,000 balloons to 40,000 during the tourist season. [4] Real estate in Destin, Florida, is comprised in large part by privately owned vacation rentals, consisting of condominiums, beach homes, townhomes, resorts, studios, cottages, and a few bungalows.
The Crestview–Fort Walton Beach–Destin, Florida Metropolitan Statistical Area, as defined by the United States Census Bureau, is a metropolitan area consisting of Okaloosa and Walton counties in northwest Florida, with the principal cities of Crestview, Fort Walton Beach, and Destin. [1]
A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [1]
One accepted way for a landlord to take possession of a rental unit is to use an "owner move-in" eviction, which is recognized as "just cause" to terminate a rent-controlled tenancy. Of course, the landlords are then required to move in and make the rental unit their residence for some minimum period (e.g., 36 continuous months).
Pedis possessio is a legal phrase in common law used to describe walking on a property to establish ownership; this concept involves the establishment of first possession of land. By walking on a property and defining its bounds, possession is established. Legal dictionaries [2] put forth this definition.
Wilson states that: "Property is the right or lawful power, which a person has to a thing." He then divides the right into three degrees: possession, the lowest; possession and use; and, possession, use, and disposition – the highest. Further, he states: "Useful and skillful industry is the soul of an active life.
John E Rebstock (1852–1924). Rebstock was the founder of Crystal Beach Park in Crystal Beach, Ontario. Crystal Beach, Ontario that was originally a Chautauqua with a beach and side show attractions in 1888. Rebstock turned his Park in Canada into a full-fledged amusement park and vacation destination in 1890.
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