What does it mean if a property is described as vacant?

When a property is described as vacant, it signifies that both people and property are absent from the premises. This designation indicates that no one is living in or using the space, and there are no significant items left inside, which can often lead to a higher risk of theft or damage.

In contrast to the other choices, the correct understanding of vacancy means the complete lack of occupancy and belongings, distinguishing it from situations where only furniture is removed or where renovations may be underway. A property undergoing renovations is not necessarily vacant since construction workers and contractors might be present. Saying that it is left unguarded highlights the risks but does not encompass the full definition of vacancy as it pertains to both absence and the state of belongings. Thus, the correct definition involves the absence of people along with all personal property.