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 Area: Examples, Case Law, Residence Halls, Business Spaces, Real Estate Taxation of Common Areas
Famous quotes containing the words common and/or area:
“We fatuously hoped that we might pluck from the human tragedy itself a consciousness of a common destiny which should bring its own healing, that we might extract from life’s very misfortunes a power of cooperation which should be effective against them.”
—Jane Addams (1860–1935)
“Self-esteem is the real magic wand that can form a child’s future. A child’s self-esteem affects every area of her existence, from friends she chooses, to how well she does academically in school, to what kind of job she gets, to even the person she chooses to marry.”
—Stephanie Martson (20th century)