Glossary Term Defined

The amount of Rent that is generated is generally determined by the Rentable Area of a floor or tenants space. The Rentable Area of a floor or tenants space is determined by the use of a factor system, which when multiplied times the Usable Area determines the Rentable Area. The following factor systems are available to use, however only one factor system can be used on a building at one time. (Also see Factor)