To be considered finished, the premises must meet three of the following criteria: be heated, have finished walls, have a finished ceiling (no exposed floor joists), and have a finished floor (painted concrete floors don't count).
At least one, but not all of the criteria for a finished premises apply: be heated, have finished walls, have a finished ceiling (no exposed floor joists), and have a finished floor (painted concrete floors don't count).
The premises does not meet any of the criteria to be considered finished: be heated, have finished walls, have a finished ceiling (no exposed floor joists), and have a finished floor (painted concrete floors don't count).