Legal Definitions - vacancy

Definition: The state or fact of a lack of occupancy in an office, post, or piece of property.

Examples:

• When the CEO resigned, there was a vacancy in the top position of the company.
• The apartment building had several vacancies, so the landlord was eager to find new tenants.
• After the retirement of the judge, there was a vacancy in the court that needed to be filled.

The examples illustrate that a vacancy refers to a situation where a position or property is not occupied. It can be a temporary or permanent situation, and it can occur in various contexts, such as in a company, a rental property, or a government institution.