shared occupancy
[/ʃɛrd ɑːˈkjuːpənsi/]
nounpl: shared occupancies
ocupação compartilhada
1. An arrangement where two or more parties jointly occupy or use the same property, space, or unit, sharing both the physical space and related costs and responsibilities
The shared occupancy agreement allows both families to live in the same house while maintaining separate lease terms.
O acordo de ocupação compartilhada permite que ambas as famílias vivam na mesma casa mantendo termos de aluguel separados.
2. In real estate and hospitality, a situation where multiple people or groups have concurrent usage rights to a property
The resort offers shared occupancy options for guests looking to reduce accommodation costs.
O resort oferece opções de ocupação compartilhada para hóspedes que desejam reduzir custos de hospedagem.
3. A legal or contractual arrangement governing the joint use and maintenance of residential or commercial space
Before signing the shared occupancy contract, both parties reviewed the utilities cost-sharing clause.
Antes de assinar o contrato de ocupação compartilhada, ambas as partes revisaram a cláusula de divisão de custos de utilidades.
In Brazil, shared occupancy arrangements are increasingly common among young professionals and students in major cities like São Paulo and Rio de Janeiro due to rising housing costs. This practice is formalized through written agreements to protect all parties involved. In the USA, particularly in expensive urban markets like NYC, shared occupancy is normalized and often referred to as 'roommate living' or 'co-living.' The term is also used in hospitality to refer to hotel rooms or vacation rentals occupied by multiple guests.
NYC Slang
shared living arrangement / co-op living
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