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Occupancy (Noun)

The act of occupying or taking possession of a building; "occupation of a building without a certificate of occupancy is illegal".

Nouns denoting acts or actions.

An act of being a tenant or occupant.

Nouns denoting acts or actions.

The hotel's occupancy rate was unusually high during the summer months due to the tourist season.
The lease agreement specified the terms of occupancy, including the length of the tenancy and the rent.
The new apartment complex had a high occupancy rate, with many young professionals moving in.
The landlord was responsible for ensuring that the building was safe for occupancy before renting out the units.
The city's housing authority monitored the occupancy rates of low-income housing to ensure that the units were being used efficiently.