List of
Leasing Terms
Defined in this Glossary


Glossary of Real Estate Leasing


Icon for Common Area definedIcon for definition of Common AreaIcon for Common Area definition

Definition of Common Area

“Common Area” is an area within a building that meets all of these three tests: (1) the area is not leased for exclusive use by any tenant; (2) the area is made available for shared use by more than one tenant; and (3) the lessor/landlord retains responsibility and control over the area.

Glossary Image: Common Area DefinedIntro Image: Definition of Common AreaIntro Image: Common Area Defined


DISCLOSURE:  Some of the definitions of leasing terms in this glossary have been tailored to reflect the common practice in the leasing of smaller-sized commercial properties in Northern California.  These definitions are not intended to be the legal definitions that would typically be used in a legal proceeding.