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:
“Signal smokes, war drums, feathered bonnets against the western sky. New messiahs, young leaders are ready to hurl the finest light cavalry in the world against Fort Stark. In the Kiowa village, the beat of drums echoes in the pulsebeat of the young braves. Fighters under a common banner, old quarrels forgotten, Comanche rides with Arapaho, Apache with Cheyenne. All chant of war. War to drive the white man forever from the red man’s hunting ground.”
—Frank S. Nugent (1908–1965)
“Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.”
—C. Wright Mills (1916–1962)