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What is the definition of physical vacancy?

What is the definition of physical vacancy?

A.

Percentage of units that are unoccupied and available for lease

B.

Spaces occupied but in delinquencies

C.

Percentage of units that are occupied but are not producing income

D.

Leasable space that is used for other purposes or is otherwise impossible to lease

IFMA CFM Summary

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  • Product: CFM
  • Update on: Oct 26, 2025
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