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Glossary Term Defined

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Rentable Area, Basic

BOMA OFFICE STANDARD 1996

Of an office area, store area or Building Common Area shall mean the Usable area of that office, store area or Building Common Area and its share of the Floor Common Areas on that floor. Basic Rentable Area is determined by multiplying the Usable area of that office area, store area or Building Common Area by the Floor R/U Ratio. The total Basic Rentable Area of a tenant occupying more than one floor shall be the sum of its Basic Rentable Areas on each floor. The total of all Basic Rentable Areas on a floor shall equal the Floor Rentable Area of that same floor.

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