Occupancy cost
Encyclopedia
Occupancy costs are the whole life costs of buildings and their associated land from occupancy
until disposal
. These costs may be incurred on a regular or irregular basis.
Occupancy costs are those costs related to occupying a space including; rent, real estate taxes, personal property taxes, insurance on building and contents, depreciation and amortization expenses.
This is generally higher in new entrants to a market due to the escalating real estate prices
This type of cost cover the whole society since land is inextricably link to human life. Watch out for occupancy cost when you calculate the cost of employee.
Occupancy
Occupancy in building construction and building codes is the use or intended use of a building or part thereof for the shelter or support of persons, animals or property. A closely related meaning is the number of units in such a building that are rented or leased, or otherwise in-use...
until disposal
Disposal
A disposal occurs in Australian rules football when a player either kicks or handballs the football. A disposal is not counted if a player fumbles or illegally disposes the ball...
. These costs may be incurred on a regular or irregular basis.
Occupancy costs are those costs related to occupying a space including; rent, real estate taxes, personal property taxes, insurance on building and contents, depreciation and amortization expenses.
This is generally higher in new entrants to a market due to the escalating real estate prices
This type of cost cover the whole society since land is inextricably link to human life. Watch out for occupancy cost when you calculate the cost of employee.