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Real Estate Glossary

Common Area

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Written by Luis Escobar

This refers to areas found in a building and its surrounding site that are available for the common use of all tenants. These include washrooms, elevator lobbies, public corridors, parking lots, and electrical rooms.

This refers to areas found in a building and its surrounding site that are available for the common use of all tenants. These include washrooms, elevator lobbies, public corridors, parking lots, and electrical rooms.

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Luis Escobar

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