Common Area Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Common Area, written in plain English, along with examples of how it is used.
What is Common Area?
It is an area in a housing property or a shopping complex that is not owned by anyone but belongs to all the owners or is managed by the management committee of the complex.It can include common passages, elevators,garden or any knid of open space,parking space,sports room, common room etc.The management committee collects funds from the owners and pays for the maintaenace and other expenses of the common area.
History and Meaning of Common Area
Common area is a term used in the context of properties such as housing developments, condominiums or shopping centers. It refers to an area that is accessible to and used by everyone who has access to the building or the development.
Common areas can range from something as simple as a hallway to more elaborate spaces like parks, swimming pools, and clubhouses. Common areas are generally either owned by all of the owners in a development or managed by a property management company on behalf of the owners.
Examples of Common Area
In a shopping mall, the food court, restrooms, corridors, and parking lots are all common areas.
In a condominium, the gym, lounge areas, swimming pool, and laundry room are all considered common areas.
In a rental apartment complex, the playground, park area, and fitness center are all common areas.
Legal Terms Similar to Common Area
Common Interest Community: This type of community is where residents own individual units or homes, but also share ownership of common areas.
Homeowners Association (HOA): An HOA is an organization in a community that makes and enforces rules for the properties in that community. They often manage common areas as well.
Property Management: A property management company is hired by property owners to manage the day-to-day operations of the property, including maintenance of common areas.