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:
“Words convey the mental treasures of one period to the generations that follow; and laden with this, their precious freight, they sail safely across gulfs of time in which empires have suffered shipwreck and the languages of common life have sunk into oblivion.”
—Anonymous. Quoted in Richard Chevenix Trench, On the Study of Words, lecture 1 (1858)
“... nothing is more human than substituting the quantity of words and actions for their character. But using imprecise words is very similar to using lots of words, for the more imprecise a word is, the greater the area it covers.”
—Robert Musil (1880–1942)