Building Common Areas (BCA) refer to spaces within a building that are shared among tenants, including lobbies, corridors, restrooms, and other communal areas. These spaces are essential for the overall functionality and appeal of the building.
An in-depth look at Exclusive Use Common Areas, commonly synonymous with limited common elements, their definition, applications, legal implications, and examples.
An encyclopedia entry on Homeowners Association (HOA), the governing body responsible for overseeing common areas and enforcing community rules within a subdivision, planned community, or condominium.
Rentable Square Footage (RSF) is a key metric in real estate, combining Usable Square Footage and a portion of common areas for lease rate calculations.
In-depth overview of common areas within properties, including their types, examples, legal considerations, and management.
