Mortgage Terms: The realty that all tenants may use, though the landlord retains control over and responsibility for it.

An area owned and used in common by the residents of a condominium, subdivision, or planned-unit development.

Question

The realty that all tenants may use, though the landlord retains control over and responsibility for it.

An area owned and used in common by the residents of a condominium, subdivision, or planned-unit development.

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Common Areas

The realty that all tenants may use, though the landlord retains control over and responsibility for it. An area owned and used in common by the residents of a condominium, subdivision, or planned-unit development.