Commercial Property

What Does 'Commercial Property' Mean?

What is a commercial property? A commercial property, it is a premises meant for carrying out some type of activity. It must meet sure requirements that are included in legal regulations. It is a place meant for people to stay for a long time, so the legal requirements are primarily concerned to comfort of staying in such a room, both by people working in it and by customers. Often, commercial premises are confused with residential premises. A business premises, however, unlike a dwelling, is meant for carrying out some activity on it. We live constantly in apartment. It's recognized, however, that the legal provisions are adapted to form of activity carried out in a particular business premises. It's recognized that from an office, or a store will be subject to less stringent regulations concerned to technical condition of such a room than, as an example, in schools. These requirements relate to suitable height and width of building, suitable protection and other necessary things concerned to comfortable utilize of such premises by people. As you can see, not every room can become a business premises. It must meet the relevant requirements.

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See also: Glossary [ C ]