GFA unit definition

GFA unit means the gross floor area of an improvement on real property divided by 2000. To determine the number of GFA units, the quotient is rounded to the nearest increment of 2000 whole number. Fractions of lower than .5 are to be rounded downward and fractions of .5 and higher are to be rounded upward. Each real property will have a minimum of 1 GFA unit, (i.e., 500 square foot = 1 GFA unit).
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