VA Loan A loan made through the Department of Veteran Affairs. Vacancy and Credit Losses Losses incurred by owner due to tenant failure to pay rent or because property is unoccupied. Vacancy Factor Estimated percentage of rental that won't be made because of actual and anticipated vacancies. Vacancy Rate Percentage of unoccupied rental property. Idle space causes significant cash drain when cash inflows are not received to offset the cash outflows of maintenance.
Most properties have a minimum occupancy rate to break even.
Vacant Land Unoccupied property, not currently being used. It may have utilities and off-site improvements as contrasted with raw land with no improvements or structures. Vacate To leave a property. If the legally agreed upon term is not fulfilled, vacating a property does not relieve the occupant of liability. Vacation Home A home owned in addition to a person's primary residence.