Common Area

A common area is, in real estate or real property law, the "area which is available for use by more than one person..." The common areas are those "within a building that are available for common use by all tenants, (or) groups of tenants and their invitees." In Texas and other parts of the United States, it is "An area inside a housing development that is owned by all residents or by an overall management structure which charges each tenant for maintenance and upkeep."

Common areas often exist in apartments, gated communities, condominiums, cooperatives and shopping malls.

In any situation where there is a tenancy in common, all the tenants in common collectively own the common areas.

This differs from a commons or common land, as used in English law, which is owned by one person, but which may be used by a group of persons.

Read more about Common AreaExamples, Case Law, Residence Halls, Business Spaces, Real Estate Taxation of Common Areas

Other articles related to "common, common area, area, areas, common areas":

Canada's Worst Handyman 3 - Synopsis - Episode 1: Demolition Derby
... Dez and Casey, having a common wall, choose the same spot, and Casey was forced to relocate, but not without accidentally hitting Dez in the helmet with his hammer ... out the garbage, Casey takes over with the sledgehammer, and manages to knock part of the common wall between the common area and Tex's room down ... the others meant that he had to shuttle back and forth between the basement and the common area to get the job done ...
Bonnington (sternwheeler) - Design and Construction - Design Innovations
... saloon all the way to the stern, where there would generally be another large common area ... Typically one common area would be called the "ladies saloon" while the other would be the smoking saloon, which by customs of the time meant men only ... of boilers to generate steam was measured by the grate area, meaning the size of the fire-box or fuel burning part of the boiler, and the heating surface, which is the total area heated by the fire ...
University Of Tampa - Residence Halls
... each student having a private room but sharing a bathroom, kitchen, and common area with three others ... arrangements, with two or three students in a connected suite sharing bathroom and open living areas ... Stadium Center, currently offer a hybrid package with students sharing a common area but without a kitchen ...
Real Estate Taxation of Common Areas
... States vary in how they tax common areas, for real estate tax purposes ... For example, the state of Arizona taxes "residential common areas" in housing developments with a flat tax, but common areas of condominiums and golf courses are assessed separately ...

Famous quotes containing the words area and/or common:

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