Buyer and Seller Info : Reno Luxury Homes : Foreclosure : GarySellsReno.com



  Common Areas

Those portions of a building, land, and amenities owned (or managed) by a planned unit development (PUD) or condominium project's homeowners' association (or a cooperative project's cooperative corporation) that are used by all of the unit owners, who share in the common expenses of their operation and maintenance. Common areas include swimming pools, tennis courts, and other recreational facilities, as well as common corridors of buildings, parking areas, means of ingress and egress, etc.

 

[ Back To Real Estate Glossary ]


Contact Gary for all your real estate needs in the Reno/Sparks and surrounding areas.
Direct: 775-772-6239


Search For Homes | Search My Listings | Lease/Rentals | Lots & Land | Commercial Listings | New Construction | Buyer/Seller Info | Market Analysis | Dream Home Finder | Community Info/Links | City Overview | Local Phone Numbers | Weather Report | Newsletter | Schools | Relocation | Contact Gary | Testimonials | Corporate Website | Mortgage Calculator | Mortgage Rates | Real Estate News | Home | Sitemap

Website design and hosting by iHOUSE ®

Site Admin Menu