ARCHITECTURE
artofinequality_150917_web
artofinequality_150917_web
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dictionary of real estate<br />
terms<br />
glossary of commercial<br />
real estate<br />
dictionary of architecture<br />
and construction<br />
the dictionary of urbanism<br />
Clients underwrite most of<br />
the decent houses in America.<br />
Sometimes, an individual<br />
within government will rise<br />
to the level of a client.”<br />
Common<br />
Common area: Areas of a property<br />
that are used by all owners<br />
or tenants.<br />
Common elements: In a condominium,<br />
those portions of<br />
the property not owned individually<br />
by unit owners but in<br />
which an indivisible interest<br />
is held by all unit owners.<br />
Generally includes the grounds,<br />
parking areas, recreational<br />
facilities, and external structure<br />
of the building.<br />
Common<br />
Common area: For lease purposes,<br />
the areas of a building (and<br />
its site) that are available for the<br />
nonexclusive use of all its tenants,<br />
such as lobbies, corridors,<br />
and parking lots. (Real Estate<br />
Information Standards)<br />
Common<br />
A large plot of grassy, fenced-in,<br />
publicly owned land, generally at<br />
or near the center of a village or<br />
town; in earlier eras, once shared<br />
by the townspeople as a pasture.<br />
Common<br />
A piece of land that belongs to<br />
local people collectively, and<br />
which is open for public use.<br />
Community<br />
Community associations: General<br />
name for any organization<br />
of property owners to oversee<br />
some common interest.<br />
Community<br />
Community<br />
A group of people having<br />
common rights, privileges, or<br />
interests, or living in the same<br />
place under the same laws and<br />
regulations.<br />
Community<br />
A grouping of people with<br />
common interests. The DETR<br />
(1998) defined community as<br />
“any group of individuals with a<br />
common bond above the family<br />
unit and below the first level<br />
of municipal administration. It<br />
is primarily those people living<br />
or working in a defined area . . .<br />
in general the people intended<br />
to benefit from regeneration<br />
and local services.” The New<br />
Economics Foundation (2000)<br />
describes community as “a web<br />
of relationships defined by a<br />
significant level of mutual care<br />
and commitment.”<br />
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