from
The Collaborative International Dictionary of English v.0.48
Occupancy \Oc"cu*pan*cy\, n. [See {Occupant}.]
1. The act of taking or holding possession, especially of
real property or rental property; possession; occupation.
[1913 Webster]
2. The state or condition of being occupied; as, occupancy by
more than 250 people is dangerous and unlawful.
[PJC]
3. The period of time during which one occupies a property.
[PJC]
{Title by occupancy} (Law), a right of property acquired by
taking the first possession of a thing, or possession of a
thing which belonged to nobody, and appropriating it.
--Blackstone. Kent.
[1913 Webster]