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Common Area
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 that are available for common use by all tenants, (or) groups of tenants and their invitees.kwcondo
In and other parts of the , it is "An area inside a housing development owned by all residents or by an overall management structure which charges each tenant for maintenance and upkeep."Common Area
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person ...
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Byron White
Byron "Whizzer" Raymond White (June 8, 1917 April 15, 2002) was an American professional football player and jurist who served as an associate justice of the U.S. Supreme Court from 1962 until his retirement in 1993. Born and raised in Colorado, White played college football, basketball, and baseball for the University of Colorado, finishing as a consensus All-American and the runner-up for the Heisman Trophy in 1937. He was the fourth overall selection of the 1938 NFL Draft—taken by the Pittsburgh Pirates—and led the National Football League in rushing yards in his rookie season. White spent a year at Oxford University as a Rhodes Scholar before his admission to Yale Law School in 1939, during which period he played for the Detroit Lions in the 1940 and 1941 seasons while still attending law school. During World War II, he served as an intelligence officer with the United States Navy in the Pacific Theatre. After the war, he graduated from Yale Law School ran ...
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Load Factor (real Estate)
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 that are available for common use by all tenants, (or) groups of tenants and their invitees.kwcondo
In and other parts of the , it is "An area inside a housing development owned by all residents or by an overall management structure which charges each tenant for maintenance and upkeep."Common Area
laws.com retrieved from real- ...
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Arnold, Maryland
Arnold, a census-designated place (CDP) in Anne Arundel County, Maryland, United States, located just outside of the state's capital, Annapolis. It is located 18.78 miles south of Baltimore, and 29.97 miles east of Washington, D.C. The population was 23,106 at the 2010 census. Neighborhoods straddle College Parkway and Maryland Route 2 (Ritchie Highway). Arnold is located on the scenic Broadneck Peninsula. The ZIP code is 21012. It is bordered by Severna Park to the northwest, Cape Saint Claire to the southeast, Annapolis to the southwest, and Lake Shore (a CDP within Pasadena) to the northeast. History Native Americans are known to have resided in the region in pre-Columbian times based on artifacts found in the Ulmstead Point area dating back to the Archaic period (5000–1500 BC). Later tribes that have been in the area include the Algonquin tribes, among others. However, when Captain John Smith arrived in the area in 1608, he reported no Natives. The early settlement of ...
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Building Owners And Managers Association
The Building Owners and Managers Association (BOMA International), founded in 1907, is a professional organization for commercial real estate professionals based in the United States and Canada. Its membership includes building owners, managers, developers, leasing professionals, corporate facility managers, asset managers, and the providers of the products and services needed to operate commercial properties and it publishes ''The BOMA magazine''. BOMA's U.S. membership represents a combined total of nearly 10.4 billion square feet of office property that supports approximately 1.8 million jobs. Purposes Advocacy is key function of BOMA International staff who monitor and lobby pertinent legislative, regulatory and codes/standards issues, including electricity deregulation, capital gains tax relief, telecommunications, indoor air quality, private property rights, risk assessment, and codes and standards. BOMA International has been working towards securing goals in capital gain ...
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Gross Leasable Area
In architecture, construction, and real estate, floor area, floor space, or floorspace is the area (measured as square feet or square metres) taken up by a building or part of it. The ways of defining "floor area" depend on what factors of the building should or should not be included, such as external walls, internal walls, corridors, lift shafts, stairs, etc. Generally there are three major differences in measuring floor area. * Gross floor area (GFA) - The total floor area contained within the building measured to the external face of the external walls. * Gross internal area (GIA) - The floor area contained within the building measured to the internal face of the external walls. * Net internal area (NIA) (or usable floor area UFA) - The NIA is the GIA less the floor areas taken up by lobbies, enclosed machinery rooms on the roof, stairs and escalators, mechanical and electrical services, lifts, columns, toilet areas (other than in domestic property), ducts, and risers. Gross fl ...
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Golf Course
A golf course is the grounds on which the sport of golf is played. It consists of a series of holes, each consisting of a tee box, a fairway, the rough and other hazards, and a green with a cylindrical hole in the ground, known as a "cup". The cup holds a flagstick, known as a "pin". A standard round of golf consists of 18 holes, and as such most courses contain 18 distinct holes; however, there are many 9-hole courses and some that have holes with shared fairways or greens. There are also courses with a non-standard number of holes, such as 12 or 14. The vast majority of golf courses have holes of varying length and difficulties that are assigned a standard score, known as par, that a proficient player should be able to achieve; this is usually three, four or five strokes. Par-3 courses consist of holes all of which have a par of three. Short courses have gained in popularity; these consist of mostly par 3 holes, but often have some short par 4 holes. Many older courses ...
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Arizona
Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Four Corners region with Utah to the north, Colorado to the northeast, and New Mexico to the east; its other neighboring states are Nevada to the northwest, California to the west and the Mexican states of Sonora and Baja California to the south and southwest. Arizona is the 48th state and last of the contiguous states to be admitted to the Union, achieving statehood on February 14, 1912. Historically part of the territory of in New Spain, it became part of independent Mexico in 1821. After being defeated in the Mexican–American War, Mexico ceded much of this territory to the United States in 1848. The southernmost portion of the state was acquired in 1853 through the Gadsden Purchase. Southern Arizona is known for its desert cl ...
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Fixture (property Law)
A fixture, as a legal concept, means any physical property that is permanently attached (''fixed'') to real property (usually land). Property not affixed to real property is considered Personal property, ''chattel'' property. Fixtures are treated as a part of real property, particularly in the case of a security interest. A classic example of a fixture is a building, which, in the absence of language to the contrary in a contract of sale, is considered part of the land itself and not a separate piece of property. Generally speaking, the Test (law), test for deciding whether an article is a fixture or a chattel turns on the purpose of attachment. If the purpose was to enhance the land, the article is likely a fixture; if the article was affixed to enhance the use of the chattel itself, the article is likely a chattel. Chattel property is converted into a fixture by the process of attachment. For example, if a piece of lumber sits in a lumber yard, it is a chattel. If the same lu ...
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Residence Hall
A dormitory (originated from the Latin word ''dormitorium'', often abbreviated to dorm) is a building primarily providing sleeping and residential quarters for large numbers of people such as boarding school, high school, college or university students. In some countries, it can also refer to a room containing several beds accommodating people. Terminology Dorm and residence hall The terms "dorm" is often used in the US. However, within the residence life community, the official term "residence hall" is preferred. According to the University of Oregon, their facilities "provide not just a place to sleep, but also opportunities for personal and educational growth. Highly trained Residence Life staff and Hall Government officers support this objective by creating engaging activities and programs in each hall or complex." In the UK, the preferred term in the context of student housing is "halls," short for "halls of residence." In English-speaking Canada, the common term is " ...
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Expectation Of Privacy
Expectation of privacy is a legal test which is crucial in defining the scope of the applicability of the privacy protections of the Fourth Amendment to the United States Constitution. It is related to, but is not the same as, a ''right to privacy'', a much broader concept which is found in many legal systems (see privacy law). Overall, expectations of privacy can be subjective or objective. Overview There are two types of expectations of privacy: * Subjective expectation of privacy: a certain individual's opinion that a certain location or situation is private; varies greatly from person to person * Objective, legitimate, reasonable expectation of privacy: an expectation of privacy generally recognized by society and perhaps protected by law. Places where individuals expect privacy include residences, hotel rooms, or public places that have been provided by businesses or the public sector to ensure privacy, including public restrooms, private portions of jailhouses, or phone boo ...
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Assumption Of Risk
Assumption of risk is a defense, specifically an affirmative defense, in the law of torts, which bars or reduces a plaintiff's right to recovery against a negligent tortfeasor if the defendant can demonstrate that the plaintiff voluntarily and knowingly assumed the risks at issue inherent to the dangerous activity in which the plaintiff was participating at the time of their injury. Primary vs. secondary "Primary" assumption of risk occurs when the plaintiff knows about a particular risk and—through words or conduct—accepts that risk, thereby relieving the defendant of its duty of care. The primary assumption of risk defense operates as a complete bar to recovery. For example, someone who goes skiing assumes the risk that they will fall and break a bone and cannot sue a ski resort for such an injury in the absence of additional fault, such as the failure to properly maintain safety equipment. "Secondary" assumption of risk exists where the defendant has a continuing duty ...
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