Delayed Occupancy
The concept of delayed occupancy is unique to condo developments. However, it is among the most perplexing aspects. especially for investors in finished condos and buyers of condos that are still in the construction phase. When you are unable to use the unit you have purchased, this is called "delayed occupancy."
This could be because of personal circumstances or builder delays in building a new building. If this is the case, you won't be able to move into your own apartment until after a certain amount of time has passed.
To know more on this you can go through What Is Delayed Occupancy? Everything Condo Investors Need to Know by ExpertByArea
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