Net Area definition

Net Area means the gross area of land less the area of lands conveyed or to be conveyed into public ownership for the purpose of open space, parks, woodlots, storm water management facilities, buffers and road widenings along Regional Roads, and Ontario Hydro utility corridors, and less the area of any wood lots in private ownership if zoned as such, but shall include the area of all road allowances dedicated to the City;

Net Area means sum of the carpet area of the Unit and EBVT area. “Garage” shall have the meaning ascribed to it in Recital H;

Net Area means sum of the carpet area of the Unit and EBVT area.

Examples of Net Area in a sentence

• Minimum Bedroom Net Area is measured from the interior faces of all walls surrounding each bedroom, excluding closets, mechanical rooms, and storage rooms.

• Minimum Unit Net Area Requirements:Minimum Bedroom Net Area is measured from the interior faces of all walls surrounding each bedroom, excluding closets, mechanical rooms, and storage rooms.

• Minimum Apartment Unit Net Area Requirements:Net area is measured from the interior finished face of the exterior wall to theinterior finished face of the common or tenant separation wall.Minimum Bedroom Net Area is measured from the interior faces of all walls surrounding each bedroom, excluding closets, mechanical rooms, and storage rooms.

• Bedroom Unit 1,000 s.f.Minimum Bedroom Net Area is measured from the interior faces of all walls surrounding each bedroom, excluding closets, mechanical rooms, and storage rooms.No units may contain a bedroom of less than 90 square foot.

• Bedroom Unit 1,000 s.f. Minimum Bedroom Net Area is measured from the interior faces of all walls surrounding each bedroom, excluding closets, mechanical rooms, and storage rooms.

More Definitions of Net Area

Net Area means the aggregate of the Carpet Area and the EBVT area.

Net Area means the total land area of a parcel or parcels exclusive of area within any existing or proposed public or private street, road, or easement for ingress and egress and exclusive of the area within any existing or proposed easement wherein the owner of the parcel is prohibited from using the surface of the ground. Included in the "net area" is the area laying within public utility easements, sanitary sewer easements, landscaping easements, and public service and tree maintenance easements.

Net Area means sum of the Carpet Area of the Unit and EBVT area. NEW BUILDING/s shall mean the New Building and/or buildings to be constructed by the Vendor/ Developer at the said Property in accordance with the said Plan and to comprise of various self-contained Units apartments constructed spaces and car parking spaces capable of being held and/or enjoyed independently of each other on ownership basis. PLAN shall mean the Building Plan sanctioned by the authorities concerned bearing 2019120135 dated 01.11.2019 and shall include all modifications or variations as may be made by the Vendor/ Developer from time to time with prior sanction from the authorities concerned, if required. PREMISES shall mean ALL THAT the said PROPERTY (more fully and particularly mentioned and described in the PART – I and PART – VI in the FIRST SCHEDULE hereunder written). PROPORTIONATE OR PROPORTIONATELY shall mean the built up area of any Unit to bear to the built up area of all the Flats/Units in the said building provided that where it refers to the share of the Allottee or any co-owner in the rates and/or taxes amongst the common expenses then such share of the whole shall be determined on the basis on which such rates and/or taxes are being respectively levied (i.e. in case the basis of any levy be on area rental income consideration or user then the same shall be determined on the basis of the area rental income consideration or user of the said Unit).

Net Area means sum of the carpet area of the Unit and EBVT area. “Car parking Space” shall have the meaning ascribed to it in Recital NN;

Net Area means the gross area of any parcel or lot of land, less panhandles and all public and private easements for vehicular access within the parcel or lot, excluding easements primarily for emergency access. Notwithstanding the foregoing, for purposes of determining Lot Unit Factor (LUF) on projects other than subdivisions, “net area” shall only exclude the paved portions of panhandles and the paved portions of all public and private easements for vehicular access.

Net Area means sum of the Carpet Area of the Unit and EBVT Area. “PAYMENT PLAN” shall mean the schedule of payment prescribed in Fourth Schedule

Net Area means the aggregate of the Carpet Area and the EBVT area particularly described in PART-II OF THE SECOND SCHEDULE.