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Floor area ratio (FAR) is the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built. It is often used as one of the regulations in city planning along with the building-to-land ratio. [1] The terms can also refer to limits imposed on such a ratio through zoning.
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A quarter section is 160 acres (65 ha) and a "quarter-quarter section" is 40 acres (16 ha). In 1832 the smallest area of land that could be acquired was reduced to the 40-acre (16 ha) quarter-quarter section, and this size parcel became entrenched in American mythology.
A characteristic of the size of a lot is its area. The area is typically determined as if the land is flat and level, although the terrain of the lot may not be flat, i. e, the lot may be hilly. The contour surface area of the land is changeable and may be too complicated for determining a lot's area. Lots can come in various sizes and shapes.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
The fees are steep, typically totaling as much as 15% of the annual rent, about $7,000 for the average-priced New York City apartment. NYC bans unusual practice of forcing tenants to pay real ...
An additional obstacle to cluster development is the difficulty for creating small lot sizes when no municipal sewer system is in place. When septic systems are used, enough land needs to be available on each building lot for a leach field (sometimes land is required for two leach fields, the additional land set aside as a back-up). The amount ...